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NASDAQ:CVLT News 28 January 2026

Commvault stock steadies premarket after 31% wipeout on ARR worries

Commvault stock steadies premarket after 31% wipeout on ARR worries

New York, January 28, 2026, 08:59 (EST) — Premarket Shares of Commvault Systems (CVLT) climbed roughly 0.7% to $89.74 in early trading Wednesday, rebounding slightly after Tuesday’s steep 31% drop that sent the stock down to $89.13. (Investing) Shares plunged after Commvault’s quarterly results and a reset in net new annualized recurring revenue, or net new ARR, which annualizes subscription…
28 January 2026
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Stock Market Today

  • SBM Offshore Nears Completion of EUR141 Million Share Buyback Program
    January 28, 2026, 2:06 PM EST. SBM Offshore disclosed details of its ongoing EUR141 million (approximately USD150 million) share repurchase initiative as of January 28, 2026. The program, started on April 24, 2025, aims to reduce share capital and support employee programs. As of the latest update, the company has completed 90.69% of the buyback, spending around EUR128 million to repurchase 5.75 million shares at an average price of EUR22.28 each. In the last five trading days alone, SBM acquired 98,383 shares at an average price of EUR30.61, spending just over EUR3 million. Purchases were executed via Euronext Amsterdam, CBOE DXE, and Turquoise exchanges. SBM Offshore is a leader in deepwater ocean infrastructure, focusing on cleaner energy and the blue economy.
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