The repurchases were made under the
Share Repurchase Program | |||
Overall progress Share Repurchase Program: | |||
Total Repurchase Amount | |||
Cumulative Repurchase Amount | |||
Cumulative Quantity Repurchased | 1,064,240 | ||
Cumulative Average Repurchase Price | |||
Start Date | |||
End Date | 2020 | ||
Percentage of program completed as at | 11.59% | ||
Overview of details of last 5 trading days: | |||
Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount |
64,000 | |||
124,000 | |||
150,970 | |||
212,000 | |||
83,380 | |||
Total1 | 634,350 | ||
1All shares purchased on Euronext Amsterdam |
This press release contains information which is to be made publicly available under the Market Abuse Regulation (nr. 596/2014). The information concerns a regular update of the transactions conducted under SBM Offshore’s current share repurchase program, as announced by the Company on
Corporate Profile
The Company’s main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry over the full lifecycle. The Company is market leading in leased floating production systems, with multiple units currently in operation.
As of
Where references are made to
For further information, please visit our website at www.sbmoffshore.com.
The Management Board
Financial Calendar | Date | Year |
Annual General Meeting of Shareholders | 2020 | |
Trading Update 1Q 2020 – Press Release | 2020 | |
Half Year 2020 Earnings – Press Release | 2020 | |
Trading Update 3Q 2020 – Press Release | 2020 | |
Full Year 2020 Earnings – Press Release | 2021 |
For further information, please contact:
Investor Relations
Group Treasurer and IR
Telephone: | +31 (0) 20 236 3222 |
Mobile: | +31 (0) 6 21 14 10 17 |
E-mail: | bertjaap.dijkstra@sbmoffshore.com |
Website: | www.sbmoffshore.com |
Media Relations
Group Communications Director
Telephone: | +31 (0) 20 236 3170 |
Mobile: | +31 (0) 6 25 68 71 67 |
E-mail: | vincent.kempkes@sbmoffshore.com |
Website: | www.sbmoffshore.com |
Disclaimer
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results and performance of the Company’s business to differ materially and adversely from the forward-looking statements. Certain such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “may”, “will”, “should”, “would be”, “expects” or “anticipates” or similar expressions, or the negative thereof, or other variations thereof, or comparable terminology, or by discussions of strategy, plans, or intentions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this release as anticipated, believed, or expected.
Attachment
- Weekly-Press-Release-
26.02.20
Source:
2020 GlobeNewswire, Inc., source