TechnipFMC plc (FTI) announced the implementation of a share repurchase program on the New York Stock Exchange (NYSE) and Euronext Paris, where TechnipFMC’s ordinary shares are traded, as previously approved by its board of directors.
TechnipFMC has appointed an investment services provider in order to implement the share repurchase program.
Under the share repurchase program, TechnipFMC is authorized to repurchase up to $500 million of its ordinary shares by the end of 2018, represents a maximum of 18,504,811 shares based on the NYSE closing share price on such date (25 September).
TechnipFMC plc (FTI) announced the implementation of a share repurchase program on the New York Stock Exchange (NYSE) and Euronext Paris, where TechnipFMC’s ordinary shares are traded, as previously approved by its board of directors.
TechnipFMC has appointed an investment services provider in order to implement the share repurchase program.
Under the share repurchase program, TechnipFMC is authorized to repurchase up to $500 million of its ordinary shares by the end of 2018, represents a maximum of 18,504,811 shares based on the NYSE closing share price on such date (25 September).
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