SBM OFFSHORE NV ADR - SBFFY STOCK NEWS

SBM Offshore has successfully completed project financing for the FPSO Sepetiba amounting to US$1.6 billion, marking its largest financing deal to date. The financing was arranged by a consortium of 13 international banks and includes support from Export Credit Agencies. This FPSO is designed for high capacity operations, with a processing capability of 180,000 barrels of oil per day. It will be deployed in the Mero field, located in Brazil's Santos Basin, which hosts a consortium of major industry players.

SBM Offshore announced the latest updates on its EUR150 million share repurchase program, revealing that as of September 15, 2021, approximately 62.45% of the program has been completed. The cumulative repurchase amount stood at EUR93.67 million, with a total of 6,256,000 shares repurchased at an average price of EUR14.97. This initiative aims to enhance shareholder value by reducing share capital and providing shares for management and employee programs. For detailed transaction records, visit the company’s investor section.

SBM Offshore has reported ongoing progress on its EUR150 million (approximately US$180 million) share repurchase program, effective from August 5, 2021. As of September 8, 2021, the company has repurchased a cumulative amount of EUR75.74 million, equating to 5,107,000 shares at an average price of EUR14.83. The program aims to reduce share capital and supply shares for employee management programs, with nearly 50.49% of the program completed by the reporting date. The detailed transaction data is available through the Investor Relations Centre of the company’s website.

On September 1, 2021, SBM Offshore provided an update on its EUR150 million share repurchase program initiated on August 5, 2021. As of this date, the cumulative repurchased amount reached EUR56.2 million, reflecting 37.47% of the total program. A total of 3,860,000 shares were repurchased at an average price of EUR14.56. The program aims to reduce share capital and supply shares for management and employee programs. Further details on the transactions are available on the company's Investor Relations website.

SBM Offshore reports the cumulative details of its EUR150 million share repurchase program, initiated on August 5, 2021. As of August 25, 2021, the company has repurchased a total of EUR39.3 million worth of shares, equivalent to 2,765,000 shares at an average price of EUR14.21. This represents 26.19% completion of the program. The repurchases aim to reduce share capital and supply shares for management and employee programs. Detailed transaction information is available on the company’s Investor Relations website.

SBM Offshore has detailed its share repurchase program amounting to EUR150 million (approximately US$180 million), initiated on August 5, 2021, and active until August 18, 2021. As of the latter date, a cumulative total of EUR23,360,406 has been repurchased, equating to 1,683,000 shares at an average price of EUR13.88. The program aims to reduce share capital and supply shares for management and employee schemes. The completion percentage stands at 15.57%.

SBM Offshore announced the details of its €150 million (approximately US$180 million) share repurchase program, active from August 5 to August 11, 2021. The program aims to reduce share capital and provide shares for management and employee programs. As of August 11, 2021, the cumulative repurchase amount reached €10,455,789 with a total of 771,000 shares repurchased at an average price of €13.56, indicating approximately 6.97% of the program completed.

SBM Offshore has announced a share repurchase program worth EUR150 million (approximately US$180 million) effective August 5, 2021. The aim is to reduce share capital and support management and employee share programs. The buyback is expected to be completed by year-end 2021 and follows authorization from the Annual General Meeting. Progress will be reported weekly, and the program can be suspended at the company's discretion. This move may enhance shareholder value by decreasing outstanding shares, potentially boosting earnings per share (EPS).

On August 5, 2021, SBM Offshore reported a record proforma backlog of US$29.5 billion, up by US$8 billion. The company maintained 2021 revenue guidance of US$2.6 billion and EBITDA guidance of US$900 million. A EUR150 million (c. US$180 million) share repurchase program was announced to enhance shareholder returns. Despite a 9% decline in revenue and a 19% drop in EBITDA year-over-year, profit attributable to shareholders rose 69% to US$64 million. The company's 99% fleet uptime reflects resilience amid ongoing pandemic challenges.