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SBM OFFSHORE NV ORD (SBFFF) is a leading company in the offshore oil and gas industry, providing innovative solutions for floating production and mooring systems. With a strong focus on safety, sustainability, and efficiency, SBM OFFSHORE has a global presence and a proven track record of successful projects. The company's recent achievements include securing major contracts, expanding its fleet of vessels, and investing in cutting-edge technology to enhance operations. SBM OFFSHORE's financial stability and strategic partnerships position it as a key player in the market, offering reliable services and pioneering solutions for the energy sector.
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SBM Offshore reports transaction details of EUR65 million share repurchase program, aiming to reduce share capital. The program has repurchased EUR 4,257,541 worth of shares, totaling 307,917 shares at an average price of EUR 13.83. The progress of the repurchase program is at 6.55% completion as of March 20, 2024.
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SBM Offshore and Technip Energies form a joint venture, EkWiL, to provide innovative solutions in the Floating Offshore Wind market. The 50/50 JV combines expertise, technologies, and delivery capabilities to enhance execution certainty and cost competitiveness. The collaboration aims to become a leading contractor in developing floating offshore wind infrastructures.
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SBM Offshore reports details of EUR65 million share repurchase program. The program aims to reduce share capital. From March 7 to March 13, 2024, the company repurchased 110,201 shares at an average price of EUR 13.85.
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SBM Offshore reports transaction details of EUR65 million share repurchase program. Cumulative repurchase amount stands at EUR 1,213,874 with 1.87% of the program completed. The company aims to reduce share capital through the program.
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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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FAQ
What is the current stock price of SBM OFFSHORE NV ORD (SBFFF)?
The current stock price of SBM OFFSHORE NV ORD (SBFFF) is $16.9 as of December 23, 2024.
What is the market cap of SBM OFFSHORE NV ORD (SBFFF)?
The market cap of SBM OFFSHORE NV ORD (SBFFF) is approximately 3.1B.
What is SBM OFFSHORE NV ORD's core business?
SBM OFFSHORE specializes in providing floating production and mooring systems for the offshore oil and gas industry.
What are some recent achievements of SBM OFFSHORE NV ORD?
SBM OFFSHORE has recently secured major contracts, expanded its fleet, and invested in technology advancements.
How does SBM OFFSHORE NV ORD ensure safety in its operations?
SBM OFFSHORE prioritizes safety in its operations through stringent protocols, training programs, and continuous improvement initiatives.
What is SBM OFFSHORE NV ORD's global presence like?
SBM OFFSHORE has a strong global presence, with operations and projects spanning across various regions.
What sets SBM OFFSHORE NV ORD apart in the industry?
SBM OFFSHORE stands out in the industry due to its focus on sustainability, innovation, and efficiency in delivering offshore solutions.
How does SBM OFFSHORE NV ORD contribute to the energy sector?
SBM OFFSHORE contributes to the energy sector by offering reliable services, pioneering technology, and strategic partnerships.
What is the financial condition of SBM OFFSHORE NV ORD?
SBM OFFSHORE maintains a strong financial position, backed by a history of successful projects and sustainable growth.
How does SBM OFFSHORE NV ORD approach sustainability?
SBM OFFSHORE is committed to sustainability through eco-friendly practices, reducing environmental impact, and promoting responsible operations.
What are some of SBM OFFSHORE NV ORD's key partnerships?
SBM OFFSHORE collaborates with key partners in the industry to drive innovation, enhance capabilities, and deliver value to clients.
What technologies is SBM OFFSHORE NV ORD investing in?
SBM OFFSHORE invests in cutting-edge technologies to improve operational efficiency, enhance safety standards, and drive industry advancements.
SBM OFFSHORE NV ORD
OTC:SBFFF
SBFFF Rankings
SBFFF Stock Data
3.07B
135.32M
21.99%
45.55%
Oil & Gas Equipment & Services
Energy
United States of America
Schiphol