Sbm Offshore Stock Price, News & Analysis

SBM Offshore has reported the latest transaction details of its EUR141 million share repurchase program for May 29-June 4, 2025. The program, announced on February 20 and effective from April 24, 2025, aims to reduce share capital and provide shares for employee programs. As of June 4, 13.46% of the program has been completed, with a cumulative repurchase of 1,003,324 shares at an average price of EUR 18.94, totaling EUR 19 million. In the last five trading days, the company repurchased 125,110 shares at an average price of EUR 20.68, amounting to EUR 2.59 million. All purchases were executed via Euronext Amsterdam, CBOE DXE and Turquoise.

SBM Offshore (SBFFF) has announced the signing of a Share Purchase Agreement to fully divest its equity interest in the FPSO Aseng lease and operating entities to GEPetrol in Equatorial Guinea. The operational transition phase will last up to 12 months, after which SBM Offshore will complete its exit from Equatorial Guinea. This divestment aligns with the company's strategy to streamline its Lease & Operate portfolio. The agreement is subject to various conditions precedent and approvals. SBM Offshore, recognized as a global leader in deepwater ocean-infrastructure, employs over 7,800 people worldwide and focuses on delivering cleaner energy production solutions while expanding into new blue economy markets.

SBM Offshore (SBFFF) has provided an update on its ongoing EUR141 million (US$150 million) share repurchase program. For the period between May 22-28, 2025, the company repurchased 153,091 shares at an average price of EUR19.35, totaling EUR2.96 million. Since the program's inception on April 24, 2025, SBM Offshore has repurchased 878,214 shares at an average price of EUR18.70, representing 11.63% completion of the total program. The buyback aims to reduce share capital and provide shares for employee share programs. All purchases were executed through Euronext Amsterdam, CBOE DXE, and Turquoise exchanges.

SBM Offshore has announced that FPSO Alexandre de Gusmão officially began operations on May 24, 2025, after achieving first oil and completing a 72-hour continuous production test. The vessel has a processing capacity of 180,000 barrels of oil and 12 million m3 of gas per day. The FPSO is owned by SBM Offshore (55%) and partners (45%), operating under a 22.5-year charter with Petrobras. Located in Brazil's Santos Basin, approximately 160km offshore Rio de Janeiro, the vessel serves the Mero unitized field. This field is operated by Petrobras (38.6%) in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%), and PPSA (3.5%). This marks the fifth Fast4Ward® FPSO to enter operation, following FPSO Almirante Tamandaré which started in February 2025.

SBM Offshore (SBFFF) has reported the latest transaction details of its ongoing EUR141 million (US$150 million) share repurchase program for May 15-21, 2025. The program, announced on February 20 and effective from April 24, 2025, aims to reduce share capital and provide shares for employee programs. As of May 21, 9.53% of the program has been completed with a cumulative repurchase of 725,123 shares at an average price of EUR 18.56, totaling EUR 13.46 million. In the past week, the company repurchased 209,010 shares at an average price of EUR 18.78, representing a total settlement amount of EUR 3.92 million. All shares were purchased via Euronext Amsterdam, CBOE DXE, and Turquoise.

SBM Offshore reported strong Q1 2025 performance with Directional revenue of US$1.1 billion, up 27% year-over-year. The company maintained its 2025 guidance with revenue above US$4.9 billion and EBITDA around US$1.55 billion. Key developments include:

- Paid EUR150 million cash dividend (EUR0.8606 per share) and launched EUR141 million share buyback program - Achieved first oil for FPSO Almirante Tamandaré; FPSOs Alexandre de Gusmão and ONE GUYANA on track for 2025 - Completed US$400 million sale and leaseback for FPSO Cidade de Paraty - Increased revolving credit facility to US$1.1 billion - Signed strategic agreement with Microsoft for carbon-free floating power solutions

The company's pro-forma Directional backlog stands at US$35.1 billion, with expected generation of US$9.5 billion. Fleet uptime reached 99.5%, and the company maintains its commitment to deliver minimum US$1.7 billion cash return to shareholders by 2030.

SBM Offshore has reported the latest transaction details of its EUR141 million (US$150 million) share repurchase program for May 8-14, 2025. The program, announced on February 20, 2025, and effective from April 24, 2025, aims to reduce share capital and provide shares for management and employee share programs.

Key highlights of the program progress include:

• Cumulative repurchase amount: EUR 9.53 million
• Total shares repurchased: 516,113
• Average repurchase price: EUR 18.47
• Program completion: 6.75%

In the past week, the company repurchased 176,316 shares at an average price of EUR 18.89, totaling EUR 3.33 million. All purchases were executed via Euronext Amsterdam, CBOE DXE and Turquoise.

SBM Offshore (SBFFF) has reported the latest transaction details of its ongoing EUR141 million (US$150 million) share repurchase program for May 1-7, 2025. The program, announced on February 20 and launched on April 24, 2025, aims to reduce share capital and provide shares for employee programs. Key highlights include:

- Total repurchased amount: EUR 6.2 million (4.39% of program completed)
- Cumulative shares repurchased: 339,797
- Average repurchase price: EUR 18.25
- Latest week transactions: 142,797 shares at average EUR 18.55

All purchases were executed via Euronext Amsterdam, CBOE DXE and Turquoise exchanges.

SBM Offshore has reported details of its EUR141 million (approximately US$150 million) share repurchase program for April 24-30, 2025. The program, announced on February 20, 2025, aims to reduce share capital and provide shares for management and employee share programs.

Key highlights:

• Total repurchase amount: EUR 141.19 million
• Cumulative shares repurchased: 197,000
• Average repurchase price: EUR 18.04
• Program completion: 2.52%

As the world's deepwater ocean-infrastructure expert, SBM Offshore focuses on cleaner energy production and blue economy markets. The company employs over 7,800 people globally and conducts share purchases through Euronext Amsterdam, CBOE DXE, and Turquoise exchanges.