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Worley Limited ( (AU:WOR) ) has shared an announcement.
Worley Limited has announced an update on its ongoing share buy-back program, revealing that a total of 11,825,662 securities have been repurchased before the previous day, with an additional 114,969 securities bought back on the last trading day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning by reducing the number of shares outstanding.
The most recent analyst rating on (AU:WOR) stock is a Buy with a A$18.10 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 professional services to the resources and energy sectors. The company focuses on delivering projects and solutions across the hydrocarbons, mining, and infrastructure markets.
Average Trading Volume: 2,286,291
Technical Sentiment Signal: Hold
Current Market Cap: A$7.18B
See more insights into WOR stock on TipRanks’ Stock Analysis page.