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An update from Worley Limited ( (AU:WOR) ) is now available.
Worley Limited has announced the issuance of 2,817,685 performance rights as part of an employee incentive scheme, which are not intended to be quoted on the ASX. This move reflects the company’s strategy to align employee interests with corporate performance, potentially enhancing workforce motivation and retention, and may impact its operational dynamics by fostering a more engaged and committed team.
The most recent analyst rating on (AU:WOR) stock is a Hold with a A$14.00 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 project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects across various markets, including hydrocarbons, minerals, metals, chemicals, and infrastructure.
YTD Price Performance: -0.55%
Average Trading Volume: 1,671,296
Technical Sentiment Signal: Sell
Current Market Cap: A$6.71B
Learn more about WOR stock on TipRanks’ Stock Analysis page.