Karoon Energy Ltd

ASX:KAR

Karoon Energy Ltd

ASX:KAR
TradeAdd trade order Follow Unfollow Set Price Alert
$1.395 (+3%)
Last close price
#89
Rank
10
Held by
8
Followers
TradeAdd trade order Follow Unfollow Set Price Alert
Reports My Report Forum Investors
Forum Topics KAR KAR Buy Back

Pinned straw:
Arizona
Added 4 months ago

In theory KAR may start share buy back today

I guess we'll see.....


Part 3C - Key dates

On-market buy-back

3C.2 Proposed buy-back start date

8/8/2024

3C.3 Proposed buy-back end date

31/12/2024
west
Added 3 months ago

Buy back has commenced …

9
Arizona
Added 3 months ago

@west Its a start.

I note that they didn't provide a broker name:

3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf

Broker name:

To be announced in due course

Not sure if I should read anything into that, but you'd think they could just take the time to do it right, after all the dramas.


Nest stop: The Report due 21.8.24

A decent dividend perhaps?

8
west
Added 3 months ago

@Arizona morgan Stanley is the broker

7
Arizona
Added 3 months ago

Ah Ha!

Thanks @west

They did it.

Cheers

3
Tom73
Added 4 months ago

If they do start their buy back now, it will be one of the smarter capital allocation moves they have done for some time!

7