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An announcement from Worley Limited ( (AU:WOR) ) is now available.
Worley Limited has announced an update to its on-market buy-back program, appointing Barrenjoey Markets Pty Limited as an additional broker to acquire ordinary shares on its behalf. This strategic move is part of Worley’s ongoing efforts to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its financial operations.
The most recent analyst rating on (AU:WOR) stock is a Buy with a A$16.00 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, primarily providing project delivery and consulting services to the energy, chemicals, and resources sectors. The company focuses on delivering sustainable solutions and has a significant presence in the global market.
Average Trading Volume: 2,049,860
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.14B
See more insights into WOR stock on TipRanks’ Stock Analysis page.