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An update from Worley Limited ( (AU:WOR) ) is now available.
Worley Limited has announced an update on its ongoing on-market buy-back program, with a total of 16,556,045 securities bought back before the previous day and an additional 221,715 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially enhancing its market positioning 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 construction industry, focusing on providing project delivery and consulting services to the resources and energy sectors. The company is known for its expertise in engineering, procurement, and construction management, serving clients globally in various markets including hydrocarbons, minerals, metals, chemicals, and power.
Average Trading Volume: 1,963,184
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.33B
Learn more about WOR stock on TipRanks’ Stock Analysis page.