Karoon Energy Ltd (ASX:KAR) disclosed a daily buy-back notification dated 12 November 2026, confirming the purchase of 27,300 ordinary fully paid shares on 11 November 2026 as part of its ongoing on-market buy-back programme, with total consideration of AUD 42,974.11 paid for those securities.

Key Points

  • 27,300 ordinary fully paid KAR shares were bought back on 11 November 2026 for a total consideration of AUD 42,974.11
  • The cumulative total of securities bought back before the previous day stood at 13,658,625 shares, with cumulative consideration of AUD 23,257,323.46
  • The on-market buy-back programme runs from 23 July 2026 to 23 July 2027, with Barrenjoey Markets Pty Limited acting as broker
  • Total ordinary fully paid securities on issue in the class subject to the buy-back are 710,532,881 shares

Daily Transaction Prices on 11 November 2026

According to the filing, the highest price paid for securities on 11 November 2026 was AUD 1.585 per share, while the lowest price paid on that day was AUD 1.555 per share. The highest price permitted to be paid by Karoon Energy under ASX Listing Rule 7.33 on the previous day was AUD 1.670 per share. The buy-back is being conducted within the 10/12 limit at any given time, and no security holder approval is required for the programme. Consideration for the bought-back securities is denominated in Australian dollars.

Cumulative Programme Figures Since Inception

The initial notification of the buy-back was lodged on 29 June 2026, with the programme commencing on-market from 23 July 2026. As at the end of 11 November 2026, the cumulative number of KAR ordinary fully paid shares bought back across the life of the programme reached 13,685,925 shares in total, based on the figures disclosed in the filing. The cumulative consideration paid or payable, combining amounts before and on the previous day, totalled AUD 23,300,297.57, as stated in the filing. The previous announcement to this update was made on 11 November 2026.

Programme Scope and Broker Arrangements

Karoon Energy's on-market buy-back covers ordinary fully paid securities trading under the ASX code KAR. Barrenjoey Markets Pty Limited has been named as the broker conducting the buy-back on the company's behalf. The filing discloses that the company does not intend to buy back a specified minimum number of securities, and no maximum number has been nominated. The highest price paid across the entire buy-back programme to date was AUD 1.920 per share, recorded on 17 September 2026, while the lowest price paid was AUD 1.405, recorded on 30 September 2026, according to the filing.