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Worley Limited Updates on Market Buy-Back Program

Story Highlights
  • Worley Limited provides engineering and consulting services in the resources and energy sectors.
  • The company updates its buy-back program, acquiring 259,978 shares to optimize capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Worley Limited Updates on Market Buy-Back Program

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Worley Limited ( (AU:WOR) ) has issued an update.

Worley Limited has announced an update to its ongoing on-market buy-back program, reporting the acquisition of 259,978 ordinary fully paid securities on the previous day. This buy-back initiative, which began earlier in the year, is part of the company’s strategy to optimize its capital structure and enhance shareholder value.

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 across the hydrocarbons, minerals, metals, chemicals, and infrastructure sectors.

Average Trading Volume: 1,938,765

Technical Sentiment Signal: Buy

Current Market Cap: A$7.17B

See more data about WOR stock on TipRanks’ Stock Analysis page.

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