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Worley Limited ( (AU:WOR) ) has issued an announcement.
Worley Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 15,146,634 ordinary fully paid securities have been bought back before the previous day, with an additional 339,737 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and enhance shareholder value, reflecting a proactive approach to optimizing its financial operations.
The most recent analyst rating on (AU:WOR) stock is a Buy with a A$16.00 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.
YTD Price Performance: 5.11%
Average Trading Volume: 2,295,199
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.18B
See more insights into WOR stock on TipRanks’ Stock Analysis page.