Sbm Offshore Stock Price, News & Analysis

SBM Offshore reports the transaction details of its EUR130 million (c. US$140 million) share repurchase program for the period September 26, 2024 through October 2, 2024. The program, announced on February 29, 2024, and increased on August 8, 2024, aims to reduce share capital and provide shares for employee programs. As of October 2, 2024, 45.78% of the program has been completed, with a cumulative repurchase amount of EUR 59,513,223 for 3,987,616 shares at an average price of EUR 14.92. In the last 5 trading days, 184,077 shares were repurchased at an average price of EUR 16.45, totaling EUR 3,028,635.

SBM Offshore reports details of its EUR130 million (c. US$140 million) share repurchase program for September 19-25, 2024. This is part of a EUR65 million program announced on February 29, 2024, and increased by EUR65 million on August 8, 2024. The program aims to reduce share capital and provide shares for employee programs. As of September 25, 2024:

- 43.45% of the program is completed
- EUR56,484,588 cumulative repurchase amount
- 3,803,539 shares repurchased
- EUR14.85 average repurchase price

In the last 5 trading days, 184,518 shares were repurchased at an average price of EUR16.52, totaling EUR3,048,069.

SBM Offshore (SBFFF) reported details of its EUR130 million share repurchase program for the period September 12-18, 2024. The program, initially announced on February 29, 2024, for EUR65 million and doubled on August 8, 2024, aims to reduce share capital and provide shares for employee programs. As of September 18, 2024:

- 41.11% of the program completed
- Cumulative repurchase amount: EUR 53,436,519
- Cumulative quantity repurchased: 3,619,021 shares
- Average repurchase price: EUR 14.77

In the last 5 trading days, 240,471 shares were repurchased at an average price of EUR 16.21, totaling EUR 3,898,918. All purchases were made via Euronext Amsterdam, CBOE DXE, and Turquoise.

SBM Offshore (SBFFF) reports on its EUR130 million share repurchase program for the period September 5-11, 2024. The program, initially announced at EUR65 million on February 29, 2024, was increased by another EUR65 million on August 8, 2024. Its objectives are to reduce share capital and provide shares for employee programs. As of September 11, 2024:

- 38.11% of the program completed
- Cumulative repurchase amount: EUR 49,537,601
- Cumulative quantity repurchased: 3,378,550 shares
- Average repurchase price: EUR 14.66

In the last 5 trading days, 247,616 shares were repurchased at an average price of EUR 16.14, totaling EUR 3,997,403.

SBM Offshore (SBFFF) has signed two Share Purchase Agreements with MISC Berhad, involving the acquisition of MISC's equity interest in FPSO Espirito Santo in Brazil and the divestment of SBM's stake in FPSO Kikeh in Malaysia. This strategic move aims to streamline SBM's operating portfolio. The agreements are subject to conditions and regulatory approvals. SBM Offshore specializes in designing, building, installing, and operating offshore floating facilities for the energy industry, focusing on responsible energy transition and cleaner solutions. The company employs over 7,400 people worldwide and is committed to delivering sustainable and affordable energy from the oceans.

SBM Offshore (SBFFF) reported details of its EUR130 million share repurchase program for August 29 to September 4, 2024. The program, initially announced on February 29, 2024, for EUR65 million and increased by EUR65 million on August 8, 2024, aims to reduce share capital and provide shares for employee programs. As of September 4, 2024, the company has:

- Repurchased 3,130,934 shares
- Spent EUR 45,540,197
- Achieved an average repurchase price of EUR 14.55
- Completed 35.03% of the program

In the last 5 trading days, SBM Offshore repurchased 181,859 shares at an average price of EUR 16.82, totaling EUR 3,058,211. All shares were purchased via Euronext Amsterdam, CBOE DXE, and Turquoise.

SBM Offshore (SBFFF) has reported details of its EUR130 million share repurchase program for the period August 22-28, 2024. This program, initially announced on February 29, 2024, for EUR65 million and later increased by another EUR65 million on August 8, 2024, aims to reduce share capital and provide shares for employee programs. As of August 28, 2024, the company has repurchased 2,949,075 shares at an average price of EUR14.41, completing 32.68% of the program. In the last five trading days, SBM Offshore repurchased 142,764 shares at an average price of EUR16.81. The company designs, builds, and operates offshore floating facilities for the energy industry, focusing on reducing emissions from fossil fuel production and developing cleaner energy solutions.

SBM Offshore (SBFFF) reports progress on its EUR130 million share repurchase program for August 15-21, 2024. The program, initially announced on February 29, 2024, for EUR65 million and doubled on August 8, 2024, aims to reduce share capital and provide shares for employee programs. As of August 21, 2024:

- 30.83% of the program completed
- EUR40,082,714 cumulative repurchase amount
- 2,806,311 shares repurchased
- EUR14.28 average repurchase price

In the last 5 trading days, 105,609 shares were repurchased at an average price of EUR16.67. All purchases were made via Euronext Amsterdam, CBOE DXE, and Turquoise.

SBM Offshore (SBFFF) reported details of its EUR130 million (c. US$140 million) share repurchase program for August 8-14, 2024. The program, announced on February 29 and expanded on August 8, aims to reduce share capital and provide shares for employee programs. As of August 14, 29.48% of the program was completed, with a cumulative repurchase of EUR 38,322,143 for 2,700,702 shares at an average price of EUR 14.19. In the last 5 trading days, 50,107 shares were repurchased at an average price of EUR 16.37. The company continues to update investors on the program's progress through its website.