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Worley Limited ( (AU:WOR) ) has issued an announcement.
Worley Limited has disclosed a change in the interests of director John Michael Grill, who increased his indirect holding in the company through associated entities. Grill acquired 100,000 ordinary shares via on-market trades at an average price of $10.84 per share, lifting his indirect stake to 31,609,851 shares while his direct holding remains unchanged at 2,826,277 shares.
The transaction signals continued financial exposure of a key director to Worley’s equity, a detail closely watched by investors as an indicator of insider confidence and alignment with shareholder interests. As no related contracts or disposals were reported, the notice reflects a straightforward on-market accumulation that modestly deepens Grill’s long-standing position in the company.
The most recent analyst rating on (AU:WOR) stock is a Hold with a A$10.50 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 that provides project delivery and consulting services, primarily to the energy, chemicals, and resources sectors. The group focuses on supporting large-scale industrial and infrastructure clients with engineering, procurement, and construction management solutions in global markets.
Average Trading Volume: 2,244,896
Technical Sentiment Signal: Sell
Current Market Cap: A$5.26B
For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.