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Karoon Energy Unveils $75M Share Buyback to Capitalize on Undervaluation

9:27am on Thursday 30th of January, 2025 AEDT Energy
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Karoon Energy Unveils $75M Share Buyback to Capitalize on Undervaluation

9:27am on Thursday 30th of January, 2025 AEDT
Key Points
  • Additional US$75 million on-market share buybacks planned for 2025
  • Total buyback investment to reach US$125 million over 18 months
  • Shareholder approval required at 2025 AGM for incremental buybacks
  • Capital returns policy targets 20-40% payout of underlying NPAT
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