Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Worley Limited ( (AU:WOR) ).
Worley Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 16,979,785 securities bought back before the previous day and an additional 250,036 securities acquired on the previous day. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s confidence in its financial position and future growth prospects.
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, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering sustainable solutions across a range of industries, including hydrocarbons, minerals, metals, chemicals, and infrastructure.
Average Trading Volume: 2,008,136
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.32B
Learn more about WOR stock on TipRanks’ Stock Analysis page.