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, aimed at reducing share capital, which has reached 53.48% completion since its start on March 1, 2024. During the week of July 18-24, 2024, the company repurchased shares worth EUR 1,084,758 at an average price of EUR 14.64. The company continues to advance in the energy sector by designing and operating offshore floating facilities, with a commitment to sustainable and affordable energy.
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