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Karoon Energy Updates on Share Buy-Back Progress

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Karoon Energy Ltd ( (AU:KAR) ) just unveiled an announcement.

Karoon Energy Ltd has announced an update regarding its ongoing share buy-back program. The company has repurchased a total of 3,870,144 ordinary fully paid securities, including 606,722 on the previous day. This buy-back initiative is part of Karoon Energy’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Karoon Energy Ltd

YTD Price Performance: 13.75%

Average Trading Volume: 4,801

Technical Sentiment Signal: Buy

Current Market Cap: $706.4M

Find detailed analytics on KAR stock on TipRanks’ Stock Analysis page.

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