The latest announcement is out from Worley Limited ( (AU:WOR) ).
Worley Limited has announced an update on its ongoing share buy-back program, reporting the acquisition of 316,974 ordinary fully paid shares on the previous day. This move is part of a broader strategy to enhance shareholder value and optimize the company’s capital structure, reflecting a commitment to returning capital to shareholders and potentially improving earnings per share.
More about Worley Limited
Worley Limited operates in the engineering and consulting industry, focusing on delivering projects and services in energy, chemicals, and resources sectors. The company is known for its comprehensive solutions that span the full lifecycle of projects, from planning and design to construction and maintenance.
YTD Price Performance: -7.92%
Average Trading Volume: 892
Technical Sentiment Signal: Buy
Current Market Cap: $4.06B
Learn more about WOR stock on TipRanks’ Stock Analysis page.