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.
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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.
SBM Offshore reports progress on its EUR130 million (c. US$140 million) share repurchase program from October 31 to November 6, 2024. The program, initially announced at EUR65 million and later doubled, aims to reduce share capital and provide shares for employee programs. As of November 6, 55.64% of the program is completed, with EUR72.3 million spent to repurchase 4.7 million shares at an average price of EUR15.24. The latest week saw 140,002 shares purchased at an average price of EUR16.96, totaling EUR2.37 million.
SBM Offshore reports progress on its EUR130 million (c. US$140 million) share repurchase program for October 24-30, 2024. The program, initially announced at EUR65 million and later increased by another EUR65 million, aims to reduce share capital and provide shares for employee programs. As of October 30, 2024, the company has completed 53.82% of the program, repurchasing 4,606,991 shares at an average price of EUR15.19, totaling EUR69,962,823. In the last five trading days, 192,010 shares were repurchased at an average price of EUR16.69, amounting to EUR3,204,955.
SBM Offshore has completed the divestment of a 13.5% ownership interest in the FPSO Sepetiba special purpose companies to China Merchants Financial Leasing (CMFL). This follows their February 2022 agreement, which stipulated CMFL would acquire the interest after the FPSO commenced operations. SBM Offshore remains the operator and majority shareholder with 51% ownership. The FPSO Sepetiba is installed at the Mero unitized field in Brazil's Santos Basin, operated by Petrobras (38.6%) in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%), and PPSA (3.5%).
SBM Offshore reported details of its EUR130 million share repurchase program for October 17-23, 2024. The program, initiated on March 1, 2024, with EUR65 million and increased by another EUR65 million in August 2024, aims to reduce share capital and provide shares for employee programs. As of October 23, 2024, the company has completed 51.35% of the program, repurchasing 4,414,981 shares at an average price of EUR15.12, totaling EUR66.7 million. In the last five trading days, 172,112 shares were repurchased at an average price of EUR16.85.
SBM Offshore reports the transaction details of its EUR130 million share repurchase program for October 10-16, 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. Key points:
- 49.12% of the program completed as of October 16, 2024
- Cumulative Repurchase Amount: EUR 63,858,295
- Cumulative Quantity Repurchased: 4,242,869 shares
- Cumulative Average Repurchase Price: EUR 15.05
In the last 5 trading days, 132,114 shares were repurchased at an average price of EUR 17.01, totaling EUR 2,247,262. All shares were purchased via Euronext Amsterdam, CBOE DXE, and Turquoise.
SBM Offshore reports transaction details for its EUR130 million share repurchase program from October 3-9, 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 9, 2024:
- 47.39% of the program completed
- EUR 61,611,032 cumulative repurchase amount
- 4,110,755 shares repurchased
- EUR 14.99 average repurchase price
In the last 5 trading days, 123,139 shares were repurchased at an average price of EUR 17.04, totaling EUR 2,097,809. All purchases were made via Euronext Amsterdam, CBOE DXE, and Turquoise.
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.
