{"url_path":"/sec/karo/10-k/2026/item-16e","section_key":"item-16e","section_title":"Item 16E PURCHASE OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-06-09","source_url":"https://www.sec.gov/Archives/edgar/data/1828102/0001213900-26-066795-index.html","accession_number":"0001213900-26-066795","cik":"0001828102","ticker":"KARO","issuer_name":"Karooooo Ltd.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1828102/0001213900-26-066795-index.html","primary_entity_key":"0001828102","primary_entity_name":"Karooooo Ltd."},"word_count":196,"has_tables":true,"body_markdown":"**Item 16E. PURCHASE OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED\nPURCHASERS**\n\n** **\n\nAt the Annual General Meeting (AGM) held on July\n25, 2025 the shareholders of Karooooo passed a resolution by a 99.38% majority vote authorizing the repurchase of up to 10% of the Company’s\nshares. The Board is duly authorized to implement this share buyback program in accordance with the requirements outlined in the resolution.\n\n \n\nPurchases of ordinary shares by the Company may\nbe made by way of market purchases on the Nasdaq and/or the JSE. At our next AGM, we expect to seek approval of the renewal of our share\nrepurchase program on the same terms as currently in effect.\n\n \n\nNo repurchases were made following the authorization\nby shareholders for the period up to the date of this report.\n\n \n\nThe authority conferred by the share repurchase\nmandate will continue by law until the earliest of either the date of the next AGM, the date by which the next AGM of the Company is\nrequired by law to be held or the date on which the share purchases are carried out to the full extent mandated or revoked by shareholders\nat a general meeting.\n\n \n\n108"}