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Worley Limited ( (AU:WOR) ) has shared an update.
Worley Limited has announced an update on its ongoing on-market buy-back program, revealing that it has repurchased a total of 11,940,631 ordinary fully paid securities before the previous day, with an additional 458,011 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting its confidence in the company’s future prospects.
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 consulting industry, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects across the globe, catering to a diverse range of markets including hydrocarbons, minerals, metals, chemicals, and infrastructure.
YTD Price Performance: 0.33%
Average Trading Volume: 2,285,090
Technical Sentiment Signal: Hold
Current Market Cap: A$7.15B
Learn more about WOR stock on TipRanks’ Stock Analysis page.