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Worley Limited ( (AU:WOR) ) has shared an announcement.
Worley Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 436,313 ordinary fully paid securities were bought back on the previous day, adding to the 7,167,623 already acquired. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s confidence in its financial health and future prospects.
More about Worley Limited
Worley Limited operates in the engineering services industry, providing project delivery and consulting services to the resources and energy sectors. The company focuses on delivering solutions for complex projects in the energy, chemicals, and resources sectors globally.
YTD Price Performance: -14.57%
Average Trading Volume: 1,957
Technical Sentiment Signal: Buy
Current Market Cap: $4.23B
See more insights into WOR stock on TipRanks’ Stock Analysis page.