Sea1 Offshore Inc. (OB:SEA1) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares for NOK 15 million. The company intends to use the repurchased shares for the long-term incentive program.
Under the program, the minimum price that can be paid per share is NOK 10 and the maximum price is NOK 100.The program will expire on December 12, 2024.