Weekly share repurchase program transaction details
September 1, 2021
SBM Offshore reports the transaction details related to its EUR150 million (c. US$180 million) share repurchase program for the period August 26, 2021 through September 1, 2021.
The repurchases were made under the EUR150 million share repurchase program announced on and effective from August 5, 2021. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period August 5, 2021 through September 1, 2021 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 Investor Relations Centre of the Company’s website.
|Share Repurchase Program|
|Overall progress Share Repurchase Program:|
|Total Repurchase Amount||EUR 150,000,000|
|Cumulative Repurchase Amount||EUR 56,200,604|
|Cumulative Quantity Repurchased||3,860,000|
|Cumulative Average Repurchase Price||EUR 14.56|
|Start Date||August 5, 2021|
|Percentage of program completed as at September 1, 2021||37.47%|
|Overview of details of last 5 trading days:|
|Trade Date||Quantity Repurchased||Average Purchase Price||Settlement |
|August 26, 2021||258,000||EUR 15.24||EUR 3,931,579|
|August 27, 2021||194,000||EUR 15.35||EUR 2,977,472|
|August 30, 2021||205,000||EUR 15.59||EUR 3,195,720|
|August 31, 2021||211,000||EUR 15.49||EUR 3,269,235|
|September 1, 2021||227,000||EUR 15.57||EUR 3,535,473|
|Total1||1,095,000||EUR 15.44||EUR 16,909,480|
|1All shares purchased on Euronext Amsterdam and CBOE DXE|
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 August 5, 2021, details of which are available on its website.
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 December 31, 2020, the Company employs approximately 4,570 people worldwide spread over offices in our key markets, operational shore bases and the offshore fleet of vessels.
SBM Offshore N.V. is a listed holding company headquartered in Amsterdam, the Netherlands. It holds direct and indirect interests in other companies.
Where references are made to SBM Offshore N.V. and /or its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies “SBM Offshore” or “the Company” are sometimes used for convenience.
For further information, please visit our website at www.sbmoffshore.com.
The Management Board
Amsterdam, the Netherlands, September 1, 2021
|Trading Update 3Q 2021 – Press Release||November 11||2021|
|Full Year 2021 Earnings – Press Release||February 10||2022|
|Annual General Meeting||April 6||2022|
|Trading Update 1Q 2022 – Press Release||May 12||2022|
|Half Year 2022 Earnings – Press Release||August 4||2022|
For further information, please contact:
Group Treasurer and IR
|Mobile:||+31 (0) 6 21 14 10 17|
Group Communications Director
|Mobile:||+377 (0) 6 40 62 87 35|
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. SBM Offshore NV does not intend, and does not assume any obligation, to update any industry information or forward-looking statements set forth in this release to reflect subsequent events or circumstances. Nothing in this press release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities.
AttachmentTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Gordon Brothers Names Karl Werner President, International Commercial & Industrial21.9.2021 15:00:00 CEST | Press release
Boston, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Gordon Brothers, the global advisory, restructuring and investment firm, has named Karl Werner President, International Commercial & Industrial. Werner, a former Ritchie Bros. executive, will join the senior leadership team to further develop and execute investment and disposition strategies across the firm’s International Commercial & Industrial practice. He and his team will partner with companies, their investors, lenders and advisors to overcome operational challenges, transform their businesses and dispose of assets. Werner comes to Gordon Brothers with an impressive 30-year track record in global asset management and disposition. He demonstrates innovative leadership in the commercial, industrial and auction industries where his teams have generated more than $1 billion in annual sales. “We are delighted to welcome Karl to Gordon Brothers,” said Frank Morton, CEO of International for Gordon Brothers. “He is a talented and consummate lead
Novozymes is combining cutting-edge science and business expertise to help feed the world sustainably21.9.2021 12:17:09 CEST | Press release
To feed a growing population, Novozymes is inviting all interested parties to help co-create and innovate the future of sustainable protein. By combining science with business expertise Novozymes wants to rethink how protein is made and sourced by enabling a new and progressive industry to provide sustainable nutrition. COPENHAGEN, DENMARK – 21 September, 2021 – As the U.N. Food System Summit sets the stage to bring about tangible, positive changes to the world’s food systems, Novozymes, the world leader in biological solutions, wants to rethink the way we manufacture and source protein. Novozymes announces the launch of the Myco-protein Innovation Call – a global platform to cultivate new business collaborations to scale up the most promising innovations and ideas around how to use fungi as a source of protein. “Realizing the importance of rethinking how we expand the adoption of plant-based protein and how we meet an increasing demand for sustainable nutrition, Novozymes is launching
Biotalys to Participate in Upcoming Investor and Stakeholder Events21.9.2021 12:00:00 CEST | Press release
Ghent, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Press release Biotalysto Participate in Upcoming Investor and Stakeholder Events Ghent, BELGIUM – 21September2021– Biotalys (Euronext - BTLS), an AgTech company focused on addressing food protection challenges to enable a more sustainable and safer food supply, today announces that it will be presenting at the following events during the remainder of 2021: Bryan-Garnier Food Tech Virtual Conference, 23-24 September CEO Patrice Sellès and CFO Wim Ottevaere will be speaking at Bryan Garnier & Co.’s Food Tech Conference on Friday 24 September at 15:00 CEST to an international audience of investors, with a presentation and Q&A session. Knowledge for Growth (FlandersBio), 28 September Biotalys will give a company presentation and participate in a panel debate on Europe’s Farm to Fork strategy at Knowledge for Growth on Tuesday 28 September 2021, at 14:00 CEST. The conference takes place in Ghent and is attended by decision makers from the biotech, p
TGS Share Repurchase21.9.2021 11:11:02 CEST | Press release
Oslo, Norway (21 September 2021) – On period from 16 September 2021 to 20 September 2021, TGS ASA (TGS) purchased 60,000 own shares on the Oslo Stock Exchange at an average price of NOK 83.8969 per share. Following the purchase TGS 1,076,095 own shares, representing 0.917% of the total outstanding shares. The shares were purchased in connection with the share repurchase announced on 11 February 2021. Overview of transactionsDateAggregated daily volume (number of shares)Weighted average share price per day (NOK)Total daily transaction value (NOK)16-Sep-2120,00087.38141,747,62817-Sep-2120,00083.70701,674,14020-Sep-2120,00080.60241,612,048Previously disclosed buy-backs under the program (accumulated)950,995109.5342104,166,514Accumulated under the buy-back program1,010,995108.0127109,200,330The issuer's holding of own shares:Following the completion of the above transactions, TGS owns a total of 1,076,095 own shares, corresponding to 0.917% of TGS' share capital.Appendix:An overview of all
RESULT OF RIKSBANK REVERSED AUCTIONS KOMMUNINVEST BONDS21.9.2021 11:07:00 CEST | Press release
RESULT OF RIKSBANK REVERSED AUCTIONS KOMMUNINVEST BONDS Auction date2021-09-21Loan2505 Coupon1.00 %ISIN-codeSE0011414010Maturity2025-05-12 Tendered volume, SEK mln1,250 +/- 650 Volume offered, SEK mln3,236Volume bought, SEK mln1,250 Number of bids7 Number of accepted bids3 Average yield0.194 %Lowest accepted yield0.190 %Highest yield0.197 %% accepted at lowest yield 83.33 Auction date2021-09-21Loan2611 Coupon1.00 %ISIN-codeSE0012569572Maturity2026-11-12 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln3,280 Volume bought, SEK mln1,250 Number of bids9Number of accepted bids6 Average yield0.417 %Lowest accepted yield0.415 %Highest yield0.424 %% accepted at lowest yield 77.00 Auction date2021-09-21Loan2805 Coupon0.75 %ISIN-codeSE0015660139Maturity2028-05-12 Tendered volume, SEK mln500 +/- 250 Volume offered, SEK mln1.250Volume bought, SEK mln500 Number of bids3 Number of accepted bids1 Average yield0.608 %Lowest accepted yield0.608 %Highest yield0.608 %% accepted at lowest yie
RESULT OF RIKSBANK CERTIFICATE SALE21.9.2021 10:15:00 CEST | Press release
AuctionAuction resultsAuction date2021-09-21Start date2021-09-22Maturity date2021-09-29Interest rate, %0.00Offered volume, SEK bn526.0Total bid amount, SEK bn2466.173Accepted volume, SEK bn526.0Number of bids18Percentage alloted, %21.329
Mangold Insight presenterar ny analys om Terranets möjligheter21.9.2021 10:14:59 CEST | Pressemelding
I en ny analys upprepar Mangold Insight sin köprekommendation för Terranets aktie efter de senaste framstegen för företaget och med utgångspunkt i den höga aktiviteten i fordonsindustrin. Det expanderande teamet med ett högre kommersiellt fokus lyfts fram i kombination med den patenterade teknologin. Den livräddande VoxelFlow-tekniken kompletterar annan sensorteknologi i dagens fordon. Möjligheten att kunna klassificera och följa objekt upp till hundra gånger snabbare än branschstandarden är dess mest unika attribut, i kombination med den höga bildkvaliteten som teknologin genererar. Du hittar analysen "Snabbare Takt framåt" här: https://bit.ly/3nSsz55 För mer information om Terranet: Pär-Olof Johannesson Tel: +46 70 332 32 62 E-post: firstname.lastname@example.org Om Terranet Terranet (Nasdaq: TERRNT-B.ST). Med visionen att rädda liv utvecklar Terranet sensorteknologi för kollisionsvarning i trafiken. Bolaget levererar mjukvara med tillämningar för avancerat förarstöd och autonoma fo