SBM Offshore NV (GB:0NIS) has released an update.
SBM Offshore NV has reported on its EUR 130 million share repurchase program, announcing that 35.03% of the program is completed with a cumulative repurchase amount of EUR 45,540,197. The company purchased shares at an average price of EUR 14.55, aiming to reduce share capital and supply shares for management and employee programs. Detailed transaction information is available on the company’s website, highlighting its commitment to providing safe, sustainable, and affordable energy.
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