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Sbm Offshore - SBFFF STOCK NEWS

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

SBM Offshore (SBFFF) delivers cutting-edge floating production solutions for the global energy sector. This page provides investors and industry professionals with centralized access to official announcements, financial disclosures, and operational updates.

Track key developments including FPSO contract awards, earnings reports, and strategic partnerships. Our curated news feed ensures timely updates on engineering milestones, regulatory compliance achievements, and market positioning shifts specific to SBM Offshore's offshore energy operations.

Discover updates across critical categories: quarterly financial results, new project deployments, technology innovations in floating production systems, and sustainability initiatives. All content is verified through primary sources to maintain accuracy and relevance for decision-makers.

Bookmark this page for streamlined monitoring of SBM Offshore's operational progress and industry leadership in FPSO solutions. Check regularly for unfiltered access to the company's latest official communications and technical advancements.

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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 (SBMO) announces FPSO Sepetiba is formally on hire after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. The FPSO will operate under a 22.5-year charter and operation services contracts with Petrobras, installed at the Mero unitized field located in the Santos Basin, Brazil. SBM Offshore is a leading technology provider in the offshore energy industry.
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SBM Offshore (SBMO) secures a US$210 million Revolving Credit Facility (RCF) for the construction of Fast4Ward® Multi-Purpose Floater (MPF) hulls. The tenor of the RCF is eighteen months with an extension option for another six months. Under the Company’s Fast4Ward® program, eight standardized MPF hulls have been ordered to date with seven allocated to projects and one supporting tendering activities. SBM Offshore designs, builds, installs, and operates offshore floating facilities for the offshore energy industry. The company's financial calendar for 2024 includes important events such as Full Year 2023 Earnings, Annual General Meeting, First Quarter 2024 Trading Update, Half Year 2024 Earnings, and Third Quarter 2024 Trading Update.
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SBM Offshore (SBM) completed the repurchase of 350,000 shares between November 9, 2023 and November 21, 2023, at an average price of EUR 12.25 per share, totaling EUR 4,286,956. The repurchases were made under a program to meet obligations from regular management and employee share programs.
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Sbm Offshore

OTC:SBFFF

SBFFF Rankings

SBFFF Stock Data

3.84B
132.00M
22.05%
43.9%
Oil & Gas Equipment & Services
Energy
Link
Netherlands
Schiphol