Karooooo Share Repurchase
Karooooo Ltd. - Ordinary shares (KARO)
Company Research
Source: Business Wire
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) announces share repurchase by the Company.VOLUNTARY DISCLOSURE: SHARE REPURCHASEAt the Annual General Meeting (AGM) held on July 12, 2023 the shareholders of Karooooo passed a resolution by a 97.35% majority vote authorizing the repurchase of up to 10% of the Company's shares. The Board is duly authorized to implement this share buyback program in accordance with the requirements outlined in the resolution.Karooooo intends to repurchase up to 1,000,000 of its common stock before the next Annual General Meeting (AGM).Purchases of ordinary shares by the Company may be made by way of market purchases on the Nasdaq and/or the JSE.The authority conferred by the share repurchase mandate will continue by law until the earliest of either the date of the next AGM, the date by which the next annual general meeting of the Company is required by law to be held or the date on which the share purchases are carried out to the full extent
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KARO
News
- Karooooo Ltd. (NASDAQ: KARO) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $31.00 price target on the stock.MarketBeat
- An Intrinsic Calculation For Karooooo Ltd. (NASDAQ:KARO) Suggests It's 32% Undervalued [Yahoo! Finance]Yahoo! Finance
- With 75% ownership, Karooooo Ltd. (NASDAQ:KARO) insiders have a lot at stake [Yahoo! Finance]Yahoo! Finance
- Is Karooooo Ltd. (NASDAQ:KARO) Potentially Undervalued? [Yahoo! Finance]Yahoo! Finance
- Karooooo Share Repurchase [Yahoo! Finance]Yahoo! Finance
KARO
Earnings
- 1/22/24 - Beat
KARO
Sec Filings
- 2/14/24 - Form SC
- 2/9/24 - Form 6-K
- KARO's page on the SEC website