Worley Limited ( (AU:WOR) ) has shared an announcement.
Worley Limited has announced an update on its ongoing on-market buy-back program, with a total of 1,205,944 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 2,460,536 securities acquired before that day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
More about Worley Limited
Worley Limited operates in the engineering and professional services industry, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects across the hydrocarbons, mining, and energy sectors.
YTD Price Performance: 11.52%
Average Trading Volume: 630
Technical Sentiment Signal: Sell
Current Market Cap: $4.15B
For detailed information about WOR stock, go to TipRanks’ Stock Analysis page.