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L1 Capital Becomes Substantial Holder in Worley Limited

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L1 Capital Becomes Substantial Holder in Worley Limited

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

Worley Limited has announced that L1 Capital Pty Ltd, along with its associated entities, has become a substantial holder in the company. L1 Capital now holds a 5.15% voting power in Worley Limited, which is based on the issued capital of 529,105,527 shares. This development signifies a notable shift in the company’s shareholder structure, potentially impacting its strategic decisions and stakeholder interests.

The most recent analyst rating on (AU:WOR) stock is a Buy with a A$18.10 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

Average Trading Volume: 2,266,309

Technical Sentiment Signal: Sell

Current Market Cap: A$6.92B

See more insights into WOR stock on TipRanks’ Stock Analysis page.

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