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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, with a total of 22,344,873 securities bought back before the previous day and an additional 105,661 securities bought back on the previous day. This buy-back initiative is part of Worley’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
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 and construction industry, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects in the hydrocarbons, minerals, metals, chemicals, and infrastructure sectors.
Average Trading Volume: 1,639,543
Technical Sentiment Signal: Sell
Current Market Cap: A$6.71B
Find detailed analytics on WOR stock on TipRanks’ Stock Analysis page.