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Worley Limited ( (AU:WOR) ) just unveiled an announcement.
Worley Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 13,324,983 securities have been bought back prior to the previous day, with an additional 609,583 securities repurchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial health.
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.
Average Trading Volume: 2,341,676
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.49B
For an in-depth examination of WOR stock, go to TipRanks’ Overview page.