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The latest announcement is out from Worley Limited ( (AU:WOR) ).
Worley Limited has announced an update on its ongoing share buy-back program, revealing that a total of 21,575,214 securities have been bought back before the previous day, with an additional 244,581 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a commitment to returning capital to shareholders and potentially improving earnings per share.
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 consulting industry, providing professional services primarily in the energy, chemicals, and resources sectors. The company focuses on delivering projects and solutions that support sustainable development and energy transition.
Average Trading Volume: 1,731,126
Technical Sentiment Signal: Sell
Current Market Cap: A$6.75B
For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.