Worley Limited Updates on Share Buy-Back Progress

Worley Limited ( (AU:WOR) ) has provided an update.

Worley Limited has announced an update on its ongoing share buy-back program, with a total of 106,670 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 9,482,095 securities repurchased. This buy-back initiative is part of Worley’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting the company’s confidence in its financial position and future growth prospects.

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 project delivery and consulting services to the energy, chemicals, and resources sectors. The company focuses on delivering solutions that address complex challenges in these markets, leveraging its expertise to support clients in achieving sustainable and efficient operations.

Average Trading Volume: 2,263,974

Technical Sentiment Signal: Sell

Current Market Cap: A$6.83B

See more insights into WOR stock on TipRanks’ Stock Analysis page.