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The latest announcement is out from SBM Offshore NV ( (GB:0NIS) ).
SBM Offshore N.V. announced details of its EUR130 million share repurchase program, reporting a 73.31% completion rate as of January 8, 2025. This initiative, aimed at reducing share capital and providing shares for management and employee programs, reflects SBM Offshore’s strategic financial management, potentially enhancing shareholder value.
More about SBM Offshore NV
SBM Offshore is a global leader in deepwater ocean-infrastructure, specializing in the design, construction, installation, and operation of offshore floating facilities. The company is committed to advancing cleaner and more efficient energy production while exploring new markets within the blue economy. SBM Offshore employs over 7,400 individuals worldwide, focusing on innovation and sustainability.
YTD Price Performance: 2.89%
Average Trading Volume: 27,179
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3B
See more data about 0NIS stock on TipRanks’ Stock Analysis page.
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