SBM Offshore NV (GB:0NIS) has released an update.
SBM Offshore N.V. has reported on their ongoing share repurchase program, detailing transactions from June 13 to June 19, 2024, as part of a EUR 65 million plan initiated on March 1, 2024, to reduce the company’s share capital. As of June 19, the company has completed 42.07% of the program, repurchasing shares at an average price of EUR 14.11. SBM Offshore, a key player in offshore floating facilities, is dedicated to advancing sustainable and affordable energy from the oceans.
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