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The latest announcement is out from Worley Limited ( (AU:WOR) ).
Worley Limited has announced an update regarding its ongoing share buy-back program, with a total of 15,774,731 ordinary fully paid securities bought back prior to the previous day and an additional 136,557 securities purchased on the previous day. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and return value to shareholders, potentially enhancing its market position and signaling confidence in its financial health.
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 is a company operating in the engineering and construction industry, providing project delivery and consulting services to the resources and energy sectors. The company is focused on delivering solutions across the hydrocarbons, minerals, metals, chemicals, and infrastructure sectors.
YTD Price Performance: 6.09%
Average Trading Volume: 2,202,318
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.25B
For detailed information about WOR stock, go to TipRanks’ Stock Analysis page.