Worley Limited Updates on Market Buy-Back Program

An announcement from Worley Limited ( (AU:WOR) ) is now available.

Worley Limited has announced an update on its ongoing on-market buy-back program, reporting the repurchase of 21,084 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 8,296,304. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its commitment to returning capital to shareholders.

The most recent analyst rating on (AU:WOR) stock is a Buy with a A$18.10 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 services industry, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions across the hydrocarbons, minerals, metals, chemicals, and infrastructure sectors.

Average Trading Volume: 2,313,292

Technical Sentiment Signal: Sell

Current Market Cap: A$6.77B

For an in-depth examination of WOR stock, go to TipRanks’ Stock Analysis page.