SBM Offshore starts EUR141 million share repurchase following successful completion of the 2024 program Amsterdam, April 23, 2025 SBM Offshore announces the completion of its EUR130 million share repurchase program initiated in 2024, and the commencement of a EUR141 million (US$150 million equivalent1) share repurchase program, as announced on February 20, 2025 and effective from April 24, 2025. EUR141 million share repurchase program The objective of the EUR141 million share repurchase program is to reduce share capital and, in addition, to provide shares for regular management and emp...
Weekly share repurchase program transaction details Amsterdam, April 16, 2025 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period April 10, 2025 through April 16, 2025. The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024, effective from March 1, 2024 and increased by EUR65 million as announced on August 8, 2024. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. ...
The recent announcement of the application of trade tariffs by the Trump administration led to a sharp correction in oil prices amidst fears of an economic slowdown as a result of a full-blown trade war. We are adopting a more cautious scenario, with oil prices now expected to reach $ 67/b for 2025, $ 65/b for 2026 and $ 67/b in the longer term. Our 2025-2030 capex scenario has been lowered by 5% and our EPS expectations by 13% on average over 2025-2027, whilst our target prices have been lowere...
La récente annonce de mise en place de droits de douanes par l’administration Trump a entraîné une vive correction des cours du pétrole sur fond de crainte de ralentissement économique à la suite d’une véritable guerre commerciale. Nous adoptons un scenario plus prudent avec un baril désormais attendu respectivement à 67 $ sur2025, 65 $ 2026 et 67 $ sur le LT. Notre scénario de Capex 2025/30 a été abaissé de 5% et nos attentes de BPA de 13% en moyenne sur 2025/27 et nos OC de 10%. Nous privilégi...
SBM Offshore signs a US$1.1 billion Revolving Credit Facility Amsterdam, April 10, 2025 SBM Offshore announces that it has signed a US$1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks to refinance its existing US$1.0 billion RCF which was due to expire in February 2026. The new RCF has a tenor of five years and two one-year extension options as well as an uncommitted option to increase the facility by an additional US$500 million. The RCF is an important pillar of the Company’s financing strategy and can be used to finance general corporate purp...
Weekly share repurchase program transaction details Amsterdam, April 9, 2025 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period April 3, 2025 through April 9, 2025. The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024, effective from March 1, 2024 and increased by EUR65 million as announced on August 8, 2024. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. Inf...
Annual General Meeting 2025 Resolutions Amsterdam, April 9, 2025 SBM Offshore is pleased to announce that all resolutions were adopted as proposed during the Annual General Meeting of April 9, 2025. The adopted resolutions include the re-appointment of Douglas Wood as member of the Management Board and Chief Financial Officer, as well as the re-appointment of Ingelise Arntsen as member of the Supervisory Board. Shareholders also voted in favor of the proposed cash dividend of EUR150 million, which represents a dividend distribution of EUR0.8606 per ordinary share. The cash dividend is pay...
DEME Group: Does money make life beautiful? Yes! Euronext: March Madness hits Markets. Kinepolis: Cineplex March 2025 box office revenue at 47% of 2019 level, down 50% YoY. Page Group: 1Q25 trading update; FY25 outlook more uncertain. SBM Offshore: Interesting step, but is it necessary? Staffing: French staffing: ongoing weak volumes in February on tough comps. WDP: €107m of new pre-let development projects
SBM Offshore signs US$400 million Sale and Leaseback agreement for FPSO Cidade de Paraty Amsterdam, April 9, 2025 SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years. The transaction is expected to be completed before the end of April 2025 following the fulfillment of certain closing conditions. FPSO Cidade de Paraty is owned by a special purpose company owned by affiliated companies of SBM Offshore (63.125%) and its partners (36.875%). Under the terms of th...
Weekly share repurchase program transaction details Amsterdam, April 2, 2025 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period March 27, 2025 through April 2, 2025. The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024, effective from March 1, 2024 and increased by EUR65 million as announced on August 8, 2024. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. In...
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