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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 22,674,336 securities bought back before the previous day and an additional 131,880 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its financial resources.
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 across hydrocarbons, minerals, metals, chemicals, and infrastructure sectors.
YTD Price Performance: -5.23%
Average Trading Volume: 1,657,661
Technical Sentiment Signal: Sell
Current Market Cap: A$6.39B
For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.