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     105  0 Kommentare Weekly share repurchase program transaction details

    June 19, 2024

    SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period June 13, 2024 through June 19, 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 June 19, 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 27,345,496  
    Cumulative Quantity Repurchased   1,938,551  
    Cumulative Average Repurchase Price   EUR 14.11  
    Start Date     March 1, 2024  
    Percentage of program completed as of June 19, 2024 42.07%  
             
    Overview of details of last 5 trading days:    
             
    Trade Date Quantity Repurchased Average Purchase Price Settlement Amount  
    June 13, 2024 34,060 EUR 14.01 EUR 477,024  
    June 14, 2024 43,156 EUR 13.66 EUR 589,299  
    June 17, 2024 29,167 EUR 13.55 EUR 395,178  
    June 18, 2024 27,816 EUR 13.67 EUR 380,331  
    June 19, 2024 29,600 EUR 13.81 EUR 408,841  
    Total 163,799 EUR 13.74 EUR 2,250,673  

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

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    Weekly share repurchase program transaction details June 19, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period June 13, 2024 through June 19, 2024. The repurchases were made under the EUR65 million share …