Karoon Energy Ltd (ASX:KAR) disclosed an on-market share buy-back notification dated 10 November 2026, confirming the purchase of 30,900 ordinary fully paid shares on 9 November 2026, for a total consideration of A$48,283.69, as part of its ongoing buy-back program conducted through broker Barrenjoey Markets Pty Limited.

Key Points

  • 30,900 KAR ordinary fully paid shares were bought back on 9 November 2026 for a total consideration of A$48,283.69
  • The highest price paid on the previous day was A$1.59 and the lowest price paid was A$1.55
  • Cumulative securities bought back before 9 November 2026 totalled 13,599,825, with total consideration paid of A$23,165,515.02
  • The buy-back program runs from 23 July 2026 to 23 July 2027, with Barrenjoey Markets Pty Limited acting as broker
  • Total securities on issue in the class subject to the buy-back stands at 710,532,881

Daily Buy-Back Transaction Details for 9 November 2026

According to the filing, Karoon Energy bought back 30,900 ordinary fully paid shares on 9 November 2026, paying total consideration of A$48,283.69. The highest price paid on that day was A$1.59 per share and the lowest price paid was A$1.55 per share. The highest price the company was permitted to pay under ASX listing rule 7.33 on the previous day was A$1.71. The buy-back does not require securityholder approval and is being conducted for a cash consideration denominated in Australian dollars.

Cumulative Buy-Back Program Statistics

Prior to 9 November 2026, Karoon Energy had bought back a cumulative total of 13,599,825 ordinary fully paid shares under the program, with total consideration paid or payable of A$23,165,515.02. The highest price paid across the entire program to the date of the filing was A$1.92, recorded on 17 September 2026. The lowest price paid across the program was A$1.405, recorded on 30 September 2026. The buy-back is being conducted within the 10/12 limit at any given time, as disclosed by the company.

Buy-Back Program Structure and Key Dates

The on-market buy-back program was initially notified 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 conducting the buy-back on the company's behalf. Karoon Energy has not disclosed an intention to buy back either a minimum or a maximum number of securities under the program. The company's total securities on issue in the class subject to the buy-back is 710,532,881 ordinary fully paid shares.