Worley Limited Updates on Market Buy-Back Program

The latest update is out from Worley Limited ( (AU:WOR) ).

Worley Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 10,510,490 ordinary fully paid securities, with 357,167 bought back on the previous day. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial health and future prospects.

The most recent analyst rating on (AU:WOR) stock is a Buy with a A$17.92 price target. To see the full list of analyst forecasts on Worley Limited stock, see the AU:WOR Stock Forecast page.

More about Worley Limited

Worley Limited operates in the engineering and construction industry, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects in the hydrocarbons, minerals, metals, chemicals, and infrastructure sectors.

Average Trading Volume: 2,215,975

Technical Sentiment Signal: Sell

Current Market Cap: A$6.83B

For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.