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The latest announcement is out from Worley Limited ( (AU:WOR) ).
Worley Limited has completed an on-market share buy-back of its ordinary fully paid shares, repurchasing a total of 40,682,818 securities for an aggregate consideration of about A$500 million. The finalisation of this buy-back program reflects the company’s capital management strategy and may support earnings per share, signalling confidence in its financial position and offering potential value benefits to existing shareholders.
The buy-back, initially notified in early 2025 and now formally concluded, reduces Worley’s shares on issue and could enhance capital efficiency as it navigates conditions in the energy and industrial services markets. The sizeable scale of the repurchase underlines management’s willingness to return surplus capital to investors, reinforcing the company’s shareholder-focused approach at a time of ongoing transformation across global resources and energy industries.
The most recent analyst rating on (AU:WOR) stock is a Hold with a A$11.60 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 an engineering and professional services company listed on the ASX, providing project delivery and consulting services primarily to the resources, energy and industrial sectors. Its core business focuses on large-scale industrial projects, positioning it as a key contractor to global energy and infrastructure markets.
Average Trading Volume: 3,114,976
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.49B
For an in-depth examination of WOR stock, go to TipRanks’ Overview page.