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SBM Offshore (SBFFY) provides cutting-edge floating production systems and offshore energy solutions worldwide. This news hub offers investors and industry professionals centralized access to official updates, strategic developments, and operational milestones.
Track critical announcements including FPSO contract awards, project commissioning updates, and technology innovations shaping offshore energy infrastructure. The curated feed includes earnings reports, partnership agreements, and sustainability initiatives relevant to deepwater engineering markets.
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SBM Offshore (OTC:SBFFF) has provided an update on its ongoing EUR141 million (US$150 million) share repurchase program. For the period July 3-9, 2025, the company repurchased 140,547 shares at an average price of EUR23.00, totaling EUR3.23 million.
The buyback program, which began on April 24, 2025, has reached 24.74% completion with 1,710,427 shares repurchased at an average price of EUR20.42. The program's objectives are to reduce share capital and provide shares for employee share programs.
The cumulative repurchase amount stands at EUR34.93 million of the total planned amount. All shares were purchased through Euronext Amsterdam, CBOE DXE, and Turquoise exchanges.
SBM Offshore (OTC:SBFFF) has provided an update on its ongoing EUR141 million (US$150 million) share repurchase program. For the period June 26-July 2, 2025, the company repurchased 147,273 shares at an average price of EUR22.40, totaling EUR3.3 million.
The buyback program, announced on February 20, 2025, and effective from April 24, 2025, has reached 22.45% completion with 1,569,880 shares repurchased at an average price of EUR20.19. The program's objectives are to reduce share capital and provide shares for management and employee share programs.
SBM Offshore (OTC:SBFFF) has provided an update on its ongoing EUR141 million (US$150 million) share repurchase program. For the period June 19-25, 2025, the company repurchased 148,226 shares at an average price of EUR22.78, totaling EUR3,376,146.
Since the program's inception on April 24, 2025, the company has repurchased 1,422,607 shares at an average price of EUR19.96, completing 20.11% of the total program. The buyback aims to reduce share capital and provide shares for management and employee share programs.
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