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Worley Limited ( (AU:WOR) ) has provided an update.
Worley Limited has announced an update on its ongoing share buy-back program, with a total of 18,908,630 securities bought back prior to the latest transaction, and an additional 334,710 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach in managing its financial resources.
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 a range of services including project delivery and consulting for sectors such as energy, chemicals, and resources. The company focuses on delivering sustainable solutions and innovative technologies to its global clientele.
Average Trading Volume: 1,960,604
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.33B
For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.