March 6, 2024
SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period March 1, 2024 through March 6, 2024.
The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024 and effective from March 1, 2024. The objective of the program is to reduce share capital. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period March 1, 2024 through March 6, 2024 can be found in the top half of the table below. Further detailed information regarding both the progress of the share repurchase program and all individual transactions can be accessed via the Investors section of the Company's website.
Share Repurchase Program | ||||
Overall progress Share Repurchase Program: | ||||
Total Repurchase Amount | EUR 65,000,000 | |||
Cumulative Repurchase Amount | EUR 1,213,874 | |||
Cumulative Quantity Repurchased | 88,905 | |||
Cumulative Average Repurchase Price | EUR 13.65 | |||
Start Date | March 1, 2024 | |||
Percentage of program completed as of March 6, 2024 | 1.87% | |||
Overview of details of last 4 trading days: | ||||