SBM Offshore Advances 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 43.45% completed and a cumulative quantity of 3,803,539 shares bought back at an average price of EUR 14.85. The program, aimed at reducing share capital and supplying shares for management and employee programs, has been detailed on the company’s website. SBM Offshore, a leader in offshore floating facilities, is dedicated to supporting the energy transition with its technologies.

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