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Worley Limited ( (AU:WOR) ) has provided an announcement.
Worley Limited has announced an update on its ongoing on-market buy-back program, revealing that it repurchased 94,549 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 21,480,665. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and enhance shareholder value, reflecting its commitment to returning capital to shareholders and potentially improving its market positioning.
The most recent analyst rating on (AU:WOR) stock is a Hold with a A$14.00 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 services industry, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects, particularly in the areas of energy transition and sustainable development.
YTD Price Performance: 0.73%
Average Trading Volume: 1,746,844
Technical Sentiment Signal: Sell
Current Market Cap: A$6.83B
For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.