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Worley Limited ( (AU:WOR) ) has shared an announcement.
Worley Limited has announced an update on its ongoing on-market buy-back program, with a total of 14,676,322 securities bought back before the previous day and an additional 121,370 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and deliver value to its shareholders, reflecting a positive impact on its market positioning and shareholder confidence.
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 construction industry, providing professional services primarily in the energy, chemicals, and resources sectors. The company focuses on delivering projects and solutions that support the transition to sustainable energy and resource management.
Average Trading Volume: 2,327,185
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.31B
Learn more about WOR stock on TipRanks’ Stock Analysis page.