The latest announcement is out from Worley Limited ( (AU:WOR) ).
Worley Limited has announced an update to its ongoing on-market buy-back program, revealing that a total of 6,658,598 ordinary fully paid securities have been bought back before the previous day, with an additional 351,509 securities acquired on the previous day. This buy-back initiative is part of Worley’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
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 across various markets, including hydrocarbons, minerals, metals, chemicals, and infrastructure.
YTD Price Performance: -14.53%
Average Trading Volume: 1,957
Technical Sentiment Signal: Buy
Current Market Cap: $4.15B
For detailed information about WOR stock, go to TipRanks’ Stock Analysis page.