Worley updates on share buy-back and equity movements

Worley Limited (ASX:WOR) has announced significant movements in its ordinary shares, reflecting ongoing capital management and employee equity incentives. On October 1, 2025, the company issued 1,513,731 ordinary fully paid shares as a result of performance rights conversions. These shares, primarily from an employee incentive scheme, included conversions by key management personnel such as Robert Christopher Ashton (105,190), Justine Travers (1,726), Mark Brantley (36,204), and Mark Trueman (25,727). This issuance increased the total quoted ordinary shares to 514,707,970.

Concurrently, Worley ceased 2,844,561 ordinary fully paid shares on September 30, 2025, through an on-market buy-back. The total consideration paid for these ceased securities was AUD 40,675,291.02. This cessation impacts the total number of quoted ordinary shares, reducing the number of securities on issue to 513,194,239.

The company continues its on-market buy-back program, which commenced on March 13, 2025, and is set to conclude on March 12, 2026, with an intention to buy back up to AUD 500 million of its shares. As of October 3, 2025, a total of 16,417,720 shares have been bought back, with a total consideration of AUD 215,856,739.72. The highest price paid on a single day for the buy-back was AUD 15.16 on March 19, 2025, and the lowest was AUD 11.08 on April 11, 2025.