Worley lifts on $300 million buyback as ASX dips
Worley Limited closed up 0.31% at A$13.03 on Tuesday, outperforming a weaker ASX 200, which fell 0.24%. Investors tracked Worley’s buyback and cost cuts as the company repurchased 260,311 shares on June 4 for A$3.41 million. Worley flagged a hit to FY26 earnings from Middle East project delays but expects revenue to rise. Peers Downer EDI rose and Monadelphous fell.