State Street trims stake in Worley Limited

State Street Corporation and its named subsidiaries reported a change in their substantial holding in Worley Limited on August 22, 2025. Their voting power decreased from 8.04% (41,514,975 votes) to 6.97% (35,988,560 votes). The previous notice was given on August 12, 2025, and dated August 8, 2025.

The changes in relevant interests include various collateral received and transferred activities between August 11, 2025, and August 22, 2025. Key movements include significant collateral receipts and returns by State Street Bank and Trust Company, alongside transfers in and out by State Street Global Advisors Limited and State Street Global Advisors, Australia, Limited. For instance, on August 11, 2025, State Street Bank and Trust Company recorded a collateral receipt of -2,180,994 ordinary shares. Conversely, on August 12, 2025, a collateral receipt of 2,445,861 ordinary shares was noted.

The report details numerous daily transactions, including both positive and negative adjustments to their collateral positions across different dates. These transactions, encompassing both collateral movements and direct share transfers, reflect a strategic repositioning of State Street's investment in Worley Limited.