SBM Offshore NV (GB:0NIS) has released an update.
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SBM Offshore NV has reported on its ongoing EUR 130 million share repurchase program, with 32.68% completed as of August 28, 2024. The company has repurchased a cumulative total of 2,949,075 shares at an average price of EUR 14.41 each. These transactions are part of the company’s strategy to reduce share capital and provide shares for management and employee share programs.
For further insights into GB:0NIS stock, check out TipRanks’ Stock Analysis page.
