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An announcement from Worley Limited ( (AU:WOR) ) is now available.
Worley Limited has announced an update on its ongoing on-market buy-back program, indicating that a total of 16,246,165 securities have been bought back before the previous day, with an additional 171,555 securities bought back on the previous day. This buy-back initiative is part of Worley’s strategy to manage its capital structure efficiently, potentially enhancing shareholder value and signaling confidence in the company’s 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 sustainable solutions across various markets, including hydrocarbons, minerals, metals, chemicals, and infrastructure.
Average Trading Volume: 2,017,911
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.2B
See more data about WOR stock on TipRanks’ Stock Analysis page.