Worley Limited Updates on Market Buy-Back Program

Worley Limited ( (AU:WOR) ) has provided an announcement.

Worley Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 2,029,294 securities were bought back before the previous day, with an additional 431,242 securities purchased on the previous day. This buy-back initiative reflects Worley’s strategic move to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in the company’s future prospects.

More about Worley Limited

Worley Limited operates in the engineering and consulting industry, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects across various markets, including hydrocarbons, minerals, metals, chemicals, and infrastructure.

YTD Price Performance: 11.47%

Average Trading Volume: 630

Technical Sentiment Signal: Sell

Current Market Cap: $4.17B

For detailed information about WOR stock, go to TipRanks’ Stock Analysis page.