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SBM Offshore Nears Halfway in Share Buyback Plan
Company Announcements

SBM Offshore Nears Halfway in Share Buyback Plan

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

SBM Offshore reports reaching nearly half of its EUR 65 million share repurchase program, aimed at reducing share capital, with EUR 32.3 million worth of shares bought back since March 1, 2024. A total of 2.3 million shares have been repurchased at an average price of EUR 14.11 each. The company continues to progress in their commitment to sustainable and affordable energy solutions, with further details available on their website.

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

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