SBM Offshore NV (GB:0NIS) has released an update.
SBM Offshore NV has reported on the progress of its EUR 65 million share repurchase program, reaching 51.81% completion since its start on March 1, 2024. The program is aimed at reducing share capital, with the company having repurchased a cumulative total of 2,386,392 shares at an average price of EUR 14.11. SBM Offshore, a leader in the offshore energy industry, continues to focus on sustainable and safe energy solutions.
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