Weekly share repurchase program transaction details
Portfolio Pulse from
SBM Offshore has reported details of its share repurchase program, amounting to EUR130 million (approximately US$140 million), for the week of February 20-26, 2025.
February 26, 2025 | 6:00 pm
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POSITIVE IMPACT
SBM Offshore has executed a share repurchase program worth EUR130 million (c. US$140 million) for the week of February 20-26, 2025.
The share repurchase program indicates SBM Offshore's confidence in its financial health and can lead to a positive impact on SBFFF's stock price by reducing the number of shares outstanding, potentially increasing earnings per share.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80