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Karooooo Ltd. Ordinary Shares - $KARO STOCK NEWS

Welcome to our dedicated page for Karooooo Ltd. Ordinary Shares news (Ticker: $KARO), a resource for investors and traders seeking the latest updates and insights on Karooooo Ltd. Ordinary Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Karooooo Ltd. Ordinary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Karooooo Ltd. Ordinary Shares's position in the market.

Rhea-AI Summary

Karooooo (NASDAQ: KARO) announced the release of its Fourth Quarter and Full Year 2024 Financial Results on May 15, 2024. The Company will host a Zoom webinar on May 16, 2024, providing an opportunity for investors, analysts, and the media to participate.

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Karooooo Limited announces a share repurchase program after receiving shareholder approval at the Annual General Meeting. The company plans to repurchase up to 10% of its shares, totaling 1,000,000 common stock units, through market purchases on the Nasdaq and/or the JSE.
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Karooooo, the owner of Cartrack, a leading provider of data analytics and business intelligence, reported strong results for the third quarter of 2024. The company's total subscriber base increased by 14% to 1,908,192, with subscription revenue growing by 17% to ZAR904 million. Cartrack also experienced a 14% revenue growth, with a record operating profit of ZAR295 million, up 33% from the previous year. The company's success is attributed to its entrepreneurial, innovative, agile, and customer-centric culture, with a focus on prudent capital allocation strategy for growth.
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Karooooo reports strong Q2 2024 results with 21% revenue growth and record earnings per share.
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7.02%
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Karooooo Ltd. Ordinary Shares

Nasdaq:KARO

KARO Rankings

KARO Stock Data

835.68M
5.57M
74.86%
11.74%
0.04%
Software Publishers
Information
Link
United States of America
No 14 07 Keppel Bay Tower

About KARO

karooooo ltd., headquartered in singapore, is a leading provider of an on-the-ground operations cloud that maximizes the value of data. the cartrack (wholly owned by karooooo) saas platform provides insightful real-time data analytics and business intelligence reports. the karooooo offering extends beyond connected vehicles and equipment, assisting diverse enterprise customers in digitally transforming their on-the-ground operations, including systems integrations, fleet administration, field worker management, video-based safety, risk mitigation, delivery management and esg compliance and reporting. karooooo has over 1,500,000 active subscribers across 23 countries and processes over 70 billion data points every month. our more than 3,000 staff members worldwide deliver top quality service to the 78 000 businesses around the global whom we have partnered with.