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The latest announcement is out from Worley Limited ( (AU:WOR) ).
Worley Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 18,141,213 securities have been bought back before the previous day, with an additional 247,768 securities purchased on the previous day. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s confidence in its financial position and future prospects.
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 project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects across the globe, catering to a diverse range of clients in the energy, chemicals, and resources industries.
Average Trading Volume: 2,059,785
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.14B
For an in-depth examination of WOR stock, go to TipRanks’ Overview page.