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Worley Limited ( (AU:WOR) ) has shared an update.
Worley Limited has announced an update regarding its ongoing on-market buy-back program, which aims to repurchase ordinary fully paid securities. As of the latest update, the company has bought back a total of 20,797,080 securities, demonstrating its commitment to enhancing shareholder value. This buy-back initiative is likely to impact the company’s financial structure and market positioning, potentially leading to increased investor confidence.
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 solutions for complex projects in the hydrocarbons, power, and infrastructure sectors.
YTD Price Performance: -1.16%
Average Trading Volume: 1,886,956
Technical Sentiment Signal: Sell
Current Market Cap: A$6.7B
Find detailed analytics on WOR stock on TipRanks’ Stock Analysis page.