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Worley Limited ( (AU:WOR) ) just unveiled an update.
Worley Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 8,004,024 securities have been bought back prior to the previous day, with an additional 251,647 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting confidence in its financial position.
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 for complex projects across the globe, catering to industries such as oil and gas, power, and infrastructure.
Average Trading Volume: 2,214,798
Technical Sentiment Signal: Sell
Current Market Cap: A$6.33B
For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.