Worley Limited Updates on Market Buy-Back Program

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

Worley Limited has announced an update on its ongoing on-market buy-back program, reporting the acquisition of 157,501 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 156,000. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s commitment to efficient capital management and potentially signaling confidence in its financial position.

More about Worley Limited

Worley Limited operates in the engineering and construction industry, primarily offering professional services in the energy, chemicals, and resources sectors. The company focuses on delivering projects and solutions that support sustainable development and energy transition.

YTD Price Performance: 13.15%

Average Trading Volume: 1,110

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.84B

For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.