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The latest update is out from Siem Offshore AS ( (DE:S5H0) ).
Sea1 Offshore Inc has announced a share buy-back program, aiming to repurchase up to 400,000 shares with a maximum expenditure of NOK 15,000,000. The repurchased shares will be used for an employee share purchase plan and a long-term incentive program. The buy-back will run from May 26, 2025, to June 30, 2024, with Arctic Securities AS managing the process independently. This initiative is aligned with EU regulations and may influence Sea1’s market positioning and stakeholder interests.
More about Siem Offshore AS
YTD Price Performance: 12.32%
Average Trading Volume: 307,094
Current Market Cap: NOK3.27B
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