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SBM Offshore NV ( (GB:0NIS) ) just unveiled an announcement.
SBM Offshore announced details of its EUR130 million share repurchase program, which aims to reduce share capital and support management and employee share programs. As of February 19, 2025, 82.12% of the program has been completed, highlighting SBM Offshore’s strategic financial management and its commitment to shareholder value.
More about SBM Offshore NV
SBM Offshore is a leading expert in deepwater ocean infrastructure, specializing in the design, construction, installation, and operation of offshore floating facilities. The company is committed to a just transition by delivering cleaner, more efficient energy production and exploring new markets within the blue economy. SBM Offshore employs over 7,400 people globally, focusing on innovative solutions for a sustainable future.
YTD Price Performance: 7.54%
Average Trading Volume: 23,943
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3.14B
Learn more about 0NIS stock on TipRanks’ Stock Analysis page.