February 29, 2024
SBM Offshore reports that it has completed the repurchase of 50,000 shares.
The repurchases were made under the program announced on and effective from February 29, 2024. The objective of the program was to meet obligations from regular management and employee share programs.
On February 29, 2024, a total of 50,000 common shares were repurchased, at an average price of EUR 13.14 per share, representing a total of EUR 657,121. Information regarding the aggregate of the transactions for the period during 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 Investors section of the Company's website.
Final Period Share Repurchase Program Transaction Details
SBM Offshore reports the transaction details related to the repurchases under the program on February 29, 2024 in the table below.
Share Repurchase Program | |||
Overall progress share-plan-related Program: | |||
Total number of shares to be purchased | 50,000 | ||
Cumulative number of repurchased shares | 50,000 | ||
Cumulative Repurchase Amount | EUR 657,121 | ||
Cumulative Average Repurchase Price | EUR 13.14 | ||
Start Date | February 29, 2024 | ||
End Date | February 29, 2024 | ||
Percentage of program completed |