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SBM Offshore N.V - SBFFF STOCK NEWS

Welcome to our dedicated news page for SBM Offshore N.V (Ticker: SBFFF), a resource for investors and traders seeking the latest updates and insights on SBM Offshore N.V.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SBM Offshore N.V's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SBM Offshore N.V's position in the market.

Rhea-AI Summary
SBM Offshore and Technip Energies form a joint venture, EkWiL, to provide innovative solutions in the Floating Offshore Wind market. The 50/50 JV combines expertise, technologies, and delivery capabilities to enhance execution certainty and cost competitiveness. The collaboration aims to become a leading contractor in developing floating offshore wind infrastructures.
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SBM Offshore reports details of EUR65 million share repurchase program. The program aims to reduce share capital. From March 7 to March 13, 2024, the company repurchased 110,201 shares at an average price of EUR 13.85.
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SBM Offshore reports transaction details of EUR65 million share repurchase program. Cumulative repurchase amount stands at EUR 1,213,874 with 1.87% of the program completed. The company aims to reduce share capital through the program.
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SBM Offshore announces the agenda for the Annual General Meeting of Shareholders (AGM) and invites shareholders to attend on April 12, 2024. The company designs, builds, and operates offshore floating facilities for the energy industry, focusing on a responsible energy transition. SBM Offshore's financial calendar for 2024 includes key dates for trading updates and earnings releases.
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SBM Offshore completes the repurchase of 50,000 shares under a share repurchase program, totaling EUR 657,121 at an average price of EUR 13.14 per share. The company aims to meet obligations from management and employee share programs.
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SBM Offshore announces a EUR65 million share repurchase program to reduce share capital. The program aims to cancel all repurchased shares by the end of 2024. The company will execute the program under safe harbor provisions and inform the market weekly. SBM Offshore is a leading offshore energy facilities provider focusing on a responsible energy transition.
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SBM Offshore initiates a share repurchase program of 50,000 ordinary shares, costing approximately EUR 0.6 million. The program is set to be completed by March 7, 2024, in compliance with safe harbor provisions. The company will provide updates on the progress weekly. SBM Offshore is a leading offshore energy industry player focusing on a responsible energy transition and cleaner solutions. They have a detailed financial calendar for 2024.
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SBM Offshore reports record-level revenue and EBITDA, increasing shareholder returns. The company achieved a Directional Revenue of US$4.5 billion (+38%) and Directional EBITDA of US$1.3 billion (+31%). They have a Directional backlog of US$30.3 billion and are evolving their shareholder return policy with a 12% increase in annual cash return to shareholders. The company also announced successful sales and awards in various projects, including FPSO Liza Unity and Whiptail FEED award.
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SBM Offshore announces changes in the Supervisory Board and upcoming Annual General Meeting. Jaap van Wiechen to step down, Patrick Jager proposed as new member. SBM Offshore focuses on offshore floating facilities for energy industry, emphasizing responsible energy transition. Financial calendar for 2024 released.
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SBM Offshore announces the decision of CEO Bruno Chabas not to seek a 4th mandate and the appointment of Øivind Tangen as his successor. Tangen will take over as CEO and Chair of the Management Board at the end of the AGM on April 12, 2024. Chabas will act as an advisor during the transition. Tangen is seen as an excellent successor by the Supervisory Board, with extensive experience in core business areas.
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SBM Offshore N.V

OTC:SBFFF

SBFFF Rankings

SBFFF Stock Data

2.87B
121.95M
21.46%
43.04%
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