SBM Offshore Advances on Share Repurchase Program

SBM Offshore NV (GB:0NIS) has released an update.

SBM Offshore NV has reported progress on its EUR 130 million share repurchase program, with 45.78% completed as of October 2, 2024, amounting to a cumulative repurchase of EUR 59.5 million. The program aims to reduce share capital and supply shares for management and employee share programs. Detailed transaction information for the period from March 1, 2024, to October 2, 2024, is available on the company’s website.

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