SBM Offshore NV Advances Share Buyback Program

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

SBM Offshore NV has reported on their EUR 130 million share repurchase program, having completed 29.48% of the program as of August 14, 2024. A total of EUR 38.3 million has been spent to repurchase 2.7 million shares at an average price of EUR 14.19 each. The initiative aims to reduce share capital and supply shares for management and employee share programs.

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