SBM Offshore Advances Share Repurchase Program

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

SBM Offshore has announced details of its EUR130 million share repurchase program, initiated to reduce share capital and support employee share programs. As of October 16, 2024, nearly half of the program is completed, with a total of EUR 63.86 million spent on repurchasing over 4.24 million shares. The repurchases were executed on platforms including Euronext Amsterdam, CBOE DXE, and Turquoise.

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