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SBM Offshore Advances Share Repurchase Program
Company Announcements

SBM Offshore Advances Share Repurchase Program

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

SBM Offshore N.V. has made progress in its EUR 65 million share repurchase program, completing 38.61% of the program as of June 12, 2024, with a cumulative repurchase of EUR 25,094,823 at an average price of EUR 14.14 per share. The repurchases are part of the company’s strategy to reduce share capital, and details can be accessed through the Investors section of their website.

For further insights into GB:0NIS stock, check out TipRanks’ Stock Analysis page.

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