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WOR Worley News Story

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IndustrialsConservativeLarge CapSuper Stock

Australia's Worley dives after facing fresh remuneration protest vote

** Worley WOR.AX slumps as much as 11.4% to A$12.1, their steepest intraday drop since early April, before paring losses to 2.6% by midday in Sydney

** WOR is headed for a third straight session in the red, even as the benchmark ASX200 .AXJO rebounds after two days of losses, with WOR among the benchmark’s top drags

** Engineering services firm faced a second straight year of heavy protest on its remuneration report, with 20.3% of votes on the poll cast against

** Last year, 21.4% of votes on the poll were cast against the remuneration report

** Stock down 2.6% so far this year, including today’s moves

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

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