tiprankstipranks
Company Announcements

Worley Limited Initiates On-Market Share Buy-Back

Story Highlights
Worley Limited Initiates On-Market Share Buy-Back

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

Worley Limited has announced a new on-market buy-back of its ordinary fully paid securities, as per the notification dated February 26, 2025. This move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting a strategic decision to manage its equity base effectively.

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.

YTD Price Performance: 5.90%

Average Trading Volume: 877

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.75B

See more data about WOR stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1