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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, with a total of 17,482,135 securities bought back before the previous day and an additional 108,360 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting confidence in its future performance.
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, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects across various markets, including hydrocarbons, minerals, metals, chemicals, and infrastructure.
Average Trading Volume: 2,053,022
Technical Sentiment Signal: Buy
Current Market Cap: A$7.32B
Find detailed analytics on WOR stock on TipRanks’ Stock Analysis page.