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The latest update is out from Worley Limited ( (AU:WOR) ).
Worley Limited has announced an update regarding its ongoing on-market buy-back program, reporting the acquisition of 131,201 ordinary fully paid shares on the previous day, bringing the total number of shares bought back to 21,928,996. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial position and future prospects.
The most recent analyst rating on (AU:WOR) stock is a Hold with a A$14.00 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: 1,686,207
Technical Sentiment Signal: Sell
Current Market Cap: A$6.7B
See more data about WOR stock on TipRanks’ Stock Analysis page.