SBM Offshore NV (GB:0NIS) has released an update.
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SBM Offshore NV has announced the expansion of its share repurchase program by an additional EUR65 million, totaling approximately EUR130 million, aimed to reduce share capital and supply shares for employee programs. The original program has already seen completion of 58% with expectations to finish within 2024, while the new increment extends to April 2025. The company ensures regulatory compliance and continuous updates on the program’s progress.
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