Karoon Energy Ltd (ASX:KAR) disclosed a daily on-market buy-back notification dated 13 November 2026, reporting the repurchase of 25,100 ordinary fully paid shares on 12 November 2026 for a total cash consideration of A$39,783.34, bringing the cumulative total of securities bought back before that day to 13,685,925.

Key Points

  • 25,100 ordinary fully paid KAR shares were bought back on 12 November 2026 for A$39,783.34
  • Cumulative securities bought back before 12 November 2026 totalled 13,685,925 shares, representing a cumulative consideration of A$23,300,297.57
  • On 12 November 2026, the highest price paid was A$1.59 and the lowest price paid was A$1.58 per share
  • The buy-back program runs from 23 July 2026 to 23 July 2027, with Barrenjoey Markets Pty Limited acting as broker
  • The total number of securities on issue in the class is 710,532,881 ordinary fully paid shares

Daily Buy-Back Transaction Details for 12 November 2026

According to the filing, Karoon Energy repurchased 25,100 ordinary fully paid shares on 12 November 2026. The total consideration paid for those securities was A$39,783.34. The highest price paid on that day was A$1.59 per share and the lowest price paid was A$1.58 per share. The highest price allowed to be paid by the entity on the previous day under listing rule 7.33 was A$1.65. The buy-back does not require security holder approval, and consideration is paid in Australian dollars.

Cumulative Buy-Back Program Statistics

Prior to 12 November 2026, Karoon Energy had bought back a cumulative total of 13,685,925 ordinary fully paid shares under the program, for a cumulative consideration of A$23,300,297.57. The highest price paid across the entire program to date was A$1.92 per share, recorded on 17 September 2026. The lowest price paid across the entire program was A$1.405 per share, recorded on 30 September 2026. The buy-back is being conducted within the 10/12 limit at any given time, as disclosed in the filing.

Buy-Back Program Structure and Initial Notification

The on-market buy-back program was initially notified to ASX on 29 June 2026, with a proposed start date of 23 July 2026 and a proposed end date of 23 July 2027. Barrenjoey Markets Pty Limited has been named as the broker offering to buy back securities on the entity's behalf. The filing was submitted as an update to the previous announcement dated 12 November 2026. Karoon Energy holds an ABN of 53107001338 and the securities subject to the buy-back are classified as ordinary fully paid shares under the ASX code KAR.