Sbm Offshore Stock Price, News & Analysis

SBM Offshore has announced a significant financial agreement, signing a US$400 million non-recourse sale and leaseback financing for FPSO Cidade de Paraty with a tenor of 8 years. The transaction is set to complete by end of April 2025.

The FPSO is currently owned by a special purpose company, with SBM Offshore holding a 63.125% stake and partners owning 36.875%. Under the new agreement, ownership will transfer to four Chinese leasing companies, while SBM Offshore and partners will continue operations and maintenance for the remaining 8.5 years of the initial charter.

This marks SBM Offshore's first sale and leaseback financing, demonstrating the company's capability to provide innovative long-term financing solutions while maintaining its operational expertise in deepwater ocean infrastructure.

SBM Offshore has reported details of its EUR130 million (US$140 million) share repurchase program for March 27-April 2, 2025. The program, initially announced at EUR65 million on February 29, 2024, was doubled to EUR130 million on August 8, 2024.

As of April 2, 2025, the program has achieved 92.16% completion, with EUR119.8 million spent to repurchase 7,378,431 shares at an average price of EUR16.24. The latest trading week saw 122,017 shares purchased at an average price of EUR19.98, totaling EUR2.44 million.

The primary objectives are to reduce share capital and provide shares for management and employee share programs. All purchases were executed through Euronext Amsterdam, CBOE DXE, and Turquoise exchanges.

SBM Offshore (SBFFF) has provided an update on its share repurchase program worth EUR130 million (approximately US$140 million) for the period March 20-26, 2025. The program, initially announced on February 29, 2024, for EUR65 million and later increased by an additional EUR65 million on August 8, 2024, has two main objectives: reducing share capital and providing shares for management and employee share programs.

The company continues to execute the buyback through Euronext Amsterdam, CBOE DXE, and Turquoise trading platforms. This update is part of regular transaction details disclosure required under Market Abuse Regulation (nr. 596/2014).

SBM Offshore (SBFFF) has reported details of its ongoing share repurchase program worth EUR130 million (approximately US$140 million) for the period March 13-19, 2025. The program, initially announced on February 29, 2024, for EUR65 million and later increased by an additional EUR65 million on August 8, 2024, serves two main objectives: reducing share capital and providing shares for management and employee share programs.

The share purchases were executed through multiple trading venues including Euronext Amsterdam, CBOE DXE, and Turquoise. The company maintains transparency by providing daily transaction details and program progress through its investor relations website.

SBM Offshore (SBFFF) has reported details of its ongoing share repurchase program worth EUR130 million (approximately US$140 million) for the period March 6-12, 2025. The program, initially announced on February 29, 2024, for EUR65 million and subsequently increased by another EUR65 million on August 8, 2024, serves two main objectives: reducing share capital and providing shares for management and employee share programs.

The share purchases were executed through multiple trading venues including Euronext Amsterdam, CBOE DXE, and Turquoise. The company, which specializes in deepwater ocean-infrastructure and employs over 7,800 people globally, continues to provide regular updates on the program's progress through its investor relations section.

SBM Offshore (SBFFF) has provided an update on its share repurchase program worth EUR130 million (approximately US$140 million) for the period February 27-March 5, 2025. The program, initially announced on February 29, 2024, for EUR65 million and later increased by an additional EUR65 million on August 8, 2024, has two main objectives: reducing share capital and providing shares for management and employee share programs.

The company conducts these share purchases through multiple trading venues including Euronext Amsterdam, CBOE DXE, and Turquoise. Detailed transaction information is available on the company's investor relations website.

SBM Offshore (SBFFF) has provided an update on its share repurchase program worth EUR130 million (approximately US$140 million) for the period February 20-26, 2025. The program, initially announced on February 29, 2024, for EUR65 million and later increased by an additional EUR65 million on August 8, 2024, aims to reduce share capital and provide shares for management and employee share programs.

The buyback transactions were executed through multiple trading venues including Euronext Amsterdam, CBOE DXE, and Turquoise. Detailed transaction information is available on the company's investor relations website. The program is being conducted in compliance with Market Abuse Regulation requirements.

SBM Offshore has announced its upcoming Annual General Meeting of Shareholders (AGM) scheduled for Wednesday, April 9, 2025, at 2:30 p.m. Central European Time. The meeting will be held at the Steigenberger Airport Hotel Amsterdam in the Netherlands.

The company, which specializes in deepwater ocean-infrastructure, focuses on delivering cleaner and more efficient energy production through the design, construction, installation, and operation of offshore floating facilities. With over 7,800 employees worldwide, SBM Offshore aims to balance ocean protection with progress while expanding into new markets within the blue economy.

SBM Offshore reported record financial results for 2024, with Directional Revenue reaching US$6.1 billion (+35%) and EBITDA of US$1.9 billion (+44%). The company achieved a record US$35.1 billion Directional backlog, with US$9.5 billion in net cash backlog.

Key highlights include a 30% increase in cash return to shareholders at US$1.59 per share, comprising a US$155 million dividend and US$150 million share repurchase program. The company projects US$1.7 billion in cash returns to shareholders over the next 6 years.

For 2025, SBM Offshore guides Directional Revenue above US$4.9 billion and EBITDA around US$1.55 billion. Notable operational achievements include the completion of FPSO Prosperity and Liza Destiny sales in Q4 2024, and FPSO Almirante Tamandaré achieving first oil on February 15, 2025.