SBM Offshore NV (GB:0NIS) has released an update.
SBM Offshore N.V. has disclosed details of its ongoing EUR 65 million share repurchase program, initiated on March 1, 2024, to reduce share capital. As of June 5, 2024, 36.32% of the program is complete, with a cumulative repurchase amount of EUR 23,609,901 for 1,671,454 shares at an average price of EUR 14.13. The recent transactions from May 30 to June 5, 2024, amounted to a total of 118,423 shares bought back.
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