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Karoon Energy Ltd ( (AU:KAR) ) has issued an announcement.
Karoon Energy Ltd has announced an update regarding its ongoing share buy-back program, indicating a daily buy-back of 834,705 ordinary fully paid securities. This move is part of a broader strategy to manage capital and potentially enhance shareholder value, reflecting the company’s proactive approach in optimizing its financial structure.
The most recent analyst rating on (AU:KAR) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Karoon Energy Ltd stock, see the AU:KAR Stock Forecast page.
More about Karoon Energy Ltd
Karoon Energy Ltd operates in the energy industry, focusing primarily on the exploration and production of oil and gas resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in developing energy projects to supply global markets.
Average Trading Volume: 5,006,256
Technical Sentiment Signal: Buy
Current Market Cap: A$1.21B
See more data about KAR stock on TipRanks’ Stock Analysis page.
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