checkAd

     173  0 Kommentare Weekly share repurchase program transaction details

    May 15, 2024

    SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period May 9, 2024 through May 15, 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 May 15, 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 17,755,674  
    Cumulative Quantity Repurchased   1,251,588  
    Cumulative Average Repurchase Price   EUR 14.19  
    Start Date     March 1, 2024  
    Percentage of program completed as of May 15, 2024 27.32%  
             
    Overview of details of last 5 trading days:    
             
    Trade Date Quantity Repurchased Average Purchase Price Settlement Amount  
    May 9, 2024                            27,500 EUR 14.15 EUR 389,188  
    May 10, 2024                            42,500 EUR 14.11 EUR 599,622  
    May 13, 2024                            43,156 EUR 13.88 EUR 598,924  
    May 14, 2024                            36,051 EUR 13.99 EUR 504,483  
    May 15, 2024                            42,943 EUR 13.95 EUR 598,888  
    Total 192,150 EUR 14.01 EUR 2,691,105  
                   

    1All shares purchased via Euronext Amsterdam, CBOE DXE and or Turquoise

    Seite 1 von 3



    globenewswire
    0 Follower
    Autor folgen

    Verfasst von globenewswire
    Weekly share repurchase program transaction details May 15, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period May 9, 2024 through May 15, 2024. The repurchases were made under the EUR65 million share repurchase …