SBM Offshore begins €65M share repurchase program on March 1st to reduce share capital.
SBM Offshore reports weekly share repurchase details for its €65M program (approx. $70M) announced on Feb 29th, effective Mar 1st. The objective is to reduce share capital. Information on the progress and aggregate of transactions from Mar 1st to 6th can be found on their website. The program's total repurchase amount is €65M, and cumulative repurchase amount as of March 6th is €1.21M.
March 06, 2024
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