November 21, 2023
SBM Offshore reports that it has completed the repurchase of 350,000 shares.
Between November 9, 2023 and November 21, 2023 a total of 350,000 common shares were repurchased, at an average price of EUR 12.25 per share, representing a total of EUR 4,286,956. Information regarding the aggregate of the transactions (calculated on a daily basis) for the period in which the program was executed can be found in the top half of the table below. Further detailed information regarding all individual transactions can be accessed via the Investor Relations section of the Company's website.
The repurchases were made under the program announced on and effective from November 9, 2023. The objective of the program was to meet obligations from regular management and employee share programs.
Final Period Share Repurchase Program Transaction Details
SBM Offshore reports the transaction details related to the repurchases under the program for the period November 16, 2023 through November 21, 2023 in the bottom half of the table below.
Share Repurchase Program | |||
Overall progress share-plan-related Program: | |||
Number of repurchased shares in the last 4 trading days | 168,482 | ||
Cumulative number of repurchased shares | 350,000 | ||
Cumulative Average Repurchase Price | EUR 12.25 | ||
Start Date | November 9, 2023 | ||
End Date | November 21, 2023 | ||
Percentage of program completed as at November 21, 2023 | 100% | ||
Overview of details of last 4 trading days: | |||
Trade Update | Quantity Repurchased |