Worley Limited Updates on Market Buy-Back Program

An announcement from Worley Limited ( (AU:WOR) ) is now available.

Worley Limited has announced an update on its ongoing on-market buy-back program, reporting the purchase of 186,268 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 10,832,957. 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 maintaining a balanced approach to capital management.

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 sustainable solutions and is a key player in the global market for energy and resources infrastructure.

YTD Price Performance: -2.93%

Average Trading Volume: 2,246,513

Technical Sentiment Signal: Sell

Current Market Cap: A$6.92B

See more insights into WOR stock on TipRanks’ Stock Analysis page.