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An update from Worley Limited ( (AU:WOR) ) is now available.
Worley Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 223,802 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 22,450,534 securities repurchased before that day. This buy-back initiative is part of Worley’s strategy to enhance shareholder value and optimize its capital structure, reflecting its strong financial position and commitment to returning capital to shareholders.
The most recent analyst rating on (AU:WOR) stock is a Hold with a A$14.00 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, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering sustainable solutions and has a significant presence in the global market.
Average Trading Volume: 1,636,056
Technical Sentiment Signal: Sell
Current Market Cap: A$6.67B
Learn more about WOR stock on TipRanks’ Stock Analysis page.