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The latest announcement is out from Worley Limited ( (AU:WOR) ).
Worley Limited announced a daily update on its ongoing on-market buy-back program, with a total of 157,431 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 17,983,782 securities repurchased. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s confidence in its financial position and future prospects.
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 consulting 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: 4.13%
Average Trading Volume: 2,079,188
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.1B
For an in-depth examination of WOR stock, go to TipRanks’ Overview page.