Highlights

• Karoon Energy purchased 32,000 fully paid ordinary shares on-market on 18 September 2026, with the transaction valued at AU$58,077.62.
• Purchases before that day totalled 13,156,112 shares for AU$22,447,658.35.
• The on-market buy-back is set to continue from 23 July 2026 through 23 July 2027, with Barrenjoey Markets Pty Limited serving as the appointed broker.

Latest Daily Notification

Karoon Energy Ltd (ASX: KAR) lodged a daily buy-back notification with the Australian Securities Exchange (ASX) on 21 September 2026, confirming the repurchase of 32,000 fully paid ordinary securities on 18 September 2026. The notification is an update to the company's initial buy-back announcement of 29 June 2026 and follows its previous update of 18 September 2026. Total consideration for the 18 September purchase was AU$58,077.62, implying an average price of roughly AU$1.815. The highest price paid on the day was AU$1.83 and the lowest was AU$1.805, against a maximum permitted price of AU$1.945 under ASX listing rule 7.33.

Cumulative progress

Before 18 September, Karoon had bought back 13,156,112 shares for total consideration of AU$22,447,658.35. Including the latest day, the program has now covered 13,188,112 shares — about 1.9% of the 710,532,881 ordinary fully paid securities on issue in the class — for a cumulative outlay of roughly AU$22.51 million, or an average of about AU$1.71 a share.

Across the buy-back program, Karoon Energy has paid as much as AU$1.92 per share, with the peak price recorded on 17 September 2026, while the lowest price paid was AU$1.56 on 24 July 2026.

Program terms

The buy-back is being conducted on-market through Barrenjoey Markets Pty Limited, with consideration paid in Australian dollars. Karoon has not specified a minimum or maximum number of securities for the buy-back, and the program does not require security holder approval. The company has also stated that the buy-back will be conducted within the 10/12 limit at any given time. The proposed start date is 23 July 2026 and the proposed end date is 23 July 2027. Karoon Energy shares last traded at AU$1.835, up AU$0.020 or 1.101%.

Note- All data presented is based on information available at the time of writing.

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