SBM Offshore NV Progresses in Share Buyback Plan
Company Announcements

SBM Offshore NV Progresses in Share Buyback Plan

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

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.

Related Articles
TipRanks European Auto-Generated NewsdeskSBM Offshore Advances on Share Repurchase Program
TipRanks European Auto-Generated NewsdeskSBM Offshore Advances Share Repurchase Program
TipRanks European Auto-Generated NewsdeskSBM Offshore Advances Share Repurchase Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App