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Worley Limited ( (AU:WOR) ) has provided an update.
Worley Limited has announced an update on its ongoing share buy-back program, detailing the acquisition of 252,314 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 17,229,821. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its financial resources.
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, primarily offering project delivery and consulting services to the resources and energy sectors. The company focuses on providing solutions for complex projects in the hydrocarbons, minerals, metals, chemicals, and infrastructure sectors.
YTD Price Performance: 7.38%
Average Trading Volume: 2,018,008
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.32B
For detailed information about WOR stock, go to TipRanks’ Stock Analysis page.