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SBM Offshore Updates Share Repurchase Progress
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SBM Offshore Updates Share Repurchase Progress

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

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SBM Offshore N.V. has reported details of their ongoing EUR130 million share repurchase program aimed at reducing share capital and supporting management and employee share programs. As of December 31, 2024, 71.72% of the program is completed, with a cumulative repurchase of 5,971,526 shares at an average price of EUR 15.61.

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

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