Offshore and marine firm Seatrium plans a $100m share buyback program, targeting 2% of its total issued shares.

Offshore and marine firm Seatrium plans a $100m share buyback program, targeting 2% of its total issued shares over a year. The initiative, funded by existing cash, will see completed shares held as treasury shares for employee share plans, director fees, or cancellation. This buyback signals Seatrium's commitment to align with shareholder interests, leveraging its improved financial position for future growth.