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Clean Fuel

about 12 years ago

Karoon reacts to media reports on buyback

In reference to the Australian Financial Review article “Karoon plans buybacks with Origin’s cash, farm-in deals” dated 14 July 2014, Karoon confirms that it has not made any formal decisions or commitments in respect of a share buyback. As Karoon does not wish to limit the options available to the

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In reference to the Australian Financial Review article “Karoon plans buybacks with Origin’s cash, farm-in deals” dated 14 July 2014, Karoon confirms that it has not made any formal decisions or commitments in respect of a share buyback.

As Karoon does not wish to limit the options available to the company, it said that the statement does not comment on Karoon’s intentions to consider a share buyback in the future.

[mappress] Press Release, July 14, 2014; Image: Karoon Gas

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