SBM Offshore repurchases 140,016 shares for EUR4.48 million in latest weekly buyback

Corporate Action
โดย GlobeNewswire·NL·Read original
Summary · why it matters

SBM Offshore disclosed that it repurchased 140,016 of its own shares for a total settlement amount of EUR4,479,870 during the period from July 30 through August 5, 2026, as part of its ongoing EUR227 million share repurchase program. The average purchase price across the five trading days was EUR32.00 per share, with daily volumes ranging from 27,720 to 28,211 shares and daily average prices between EUR31.76 and EUR32.32. The program, which began on February 27, 2026, aims to reduce share capital and supply shares for management and employee share plans, and as of August 5 it had reached 43.88 percent completion with cumulative repurchases of 2,968,735 shares at an average price of EUR33.50 for a total of EUR99,454,527. All purchases were executed on Euronext Amsterdam, CBOE DXE, Turquoise Europe, and Aquis Europe.

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Energy · 1 stocks
SBM Offshore N.V.
SBMO
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Company repurchased shares under its buyback program, supporting share price.