SBM Offshore NV (GB:0NIS) has released an update.
SBM Offshore N.V. has reported on its EUR 65 million share repurchase program, with nearly half completed as of July 3, 2024. The company aims to reduce share capital, having repurchased over 2 million shares at an average price of EUR 14.10 each. These transactions are part of a strategic effort to manage capital structure and deliver value to shareholders.
For further insights into GB:0NIS stock, check out TipRanks’ Stock Analysis page.
