Karoon Energy Ltd (AU:KAR) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Karoon Energy Ltd has notified the issuance of 446,554 performance rights expiring on December 31, 2027, as part of an employee incentive scheme. These securities, detailed in the company’s announcement on October 9, 2024, will be issued on October 4, 2024, and are unquoted, meaning they will not be traded on the ASX until restrictions are lifted.
For further insights into AU:KAR stock, check out TipRanks’ Stock Analysis page.