Worley Limited Updates on Market Buy-Back Program

Worley Limited ( (AU:WOR) ) just unveiled an update.

Worley Limited has announced an update on its ongoing on-market buy-back program, with a total of 322,467 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 10,510,490 securities. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to efficiently managing its financial resources.

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

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 across the hydrocarbons, minerals, metals, chemicals, and infrastructure sectors, catering to a global market.

Average Trading Volume: 2,233,932

Technical Sentiment Signal: Sell

Current Market Cap: A$6.83B

For an in-depth examination of WOR stock, go to TipRanks’ Stock Analysis page.