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Worley Limited ( (AU:WOR) ) has issued an announcement.
Worley Limited has announced an update on its ongoing share buy-back program, revealing that a total of 12,503,065 securities have been bought back before the previous day, with an additional 204,853 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (AU:WOR) stock is a Buy with a A$17.92 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 services across various markets globally.
Average Trading Volume: 2,321,116
Technical Sentiment Signal: Sell
Current Market Cap: A$7.09B
See more insights into WOR stock on TipRanks’ Stock Analysis page.