Weekly share repurchase program transaction details
SBM Offshore (OTC:SBFFF) has provided an update on its ongoing EUR141 million (US$150 million) share repurchase program. For the period July 3-9, 2025, the company repurchased 140,547 shares at an average price of EUR23.00, totaling EUR3.23 million.
The buyback program, which began on April 24, 2025, has reached 24.74% completion with 1,710,427 shares repurchased at an average price of EUR20.42. The program's objectives are to reduce share capital and provide shares for employee share programs.
The cumulative repurchase amount stands at EUR34.93 million of the total planned amount. All shares were purchased through Euronext Amsterdam, CBOE DXE, and Turquoise exchanges.
SBM Offshore (OTC:SBFFF) ha fornito un aggiornamento sul suo programma di riacquisto azionario in corso del valore di 141 milioni di euro (150 milioni di dollari USA). Nel periodo dal 3 al 9 luglio 2025, la società ha riacquistato 140.547 azioni a un prezzo medio di 23,00 euro, per un totale di 3,23 milioni di euro.
Il programma di riacquisto, iniziato il 24 aprile 2025, ha raggiunto una completamento del 24,74% con 1.710.427 azioni riacquistate a un prezzo medio di 20,42 euro. Gli obiettivi del programma sono la riduzione del capitale sociale e la fornitura di azioni per i piani azionari destinati ai dipendenti.
L’importo cumulativo del riacquisto ammonta a 34,93 milioni di euro del totale previsto. Tutte le azioni sono state acquistate tramite le borse Euronext Amsterdam, CBOE DXE e Turquoise.
SBM Offshore (OTC:SBFFF) ha proporcionado una actualización sobre su programa de recompra de acciones en curso por un valor de 141 millones de euros (150 millones de dólares estadounidenses). Durante el período del 3 al 9 de julio de 2025, la compañía recompró 140,547 acciones a un precio medio de 23,00 euros, sumando un total de 3,23 millones de euros.
El programa de recompra, iniciado el 24 de abril de 2025, ha alcanzado un 24,74% de ejecución con 1,710,427 acciones recompradas a un precio medio de 20,42 euros. Los objetivos del programa son reducir el capital social y proveer acciones para planes de acciones para empleados.
El monto acumulado de recompra asciende a 34,93 millones de euros del total planeado. Todas las acciones fueron adquiridas a través de las bolsas Euronext Amsterdam, CBOE DXE y Turquoise.
SBM Offshore (OTC:SBFFF)는 진행 중인 1억 4,100만 유로(1억 5,000만 달러) 규모의 자사주 매입 프로그램에 대한 최신 정보를 제공했습니다. 2025년 7월 3일부터 9일까지, 회사는 평균 가격 23.00유로에 140,547주를 매입하여 총 323만 유로를 지출했습니다.
2025년 4월 24일에 시작된 이 자사주 매입 프로그램은 24.74% 완료되었으며, 평균 가격 20.42유로에 1,710,427주를 매입했습니다. 이 프로그램의 목적은 자본 감소와 직원 주식 프로그램을 위한 주식 제공입니다.
누적 매입 금액은 계획된 총액 중 3,493만 유로에 달합니다. 모든 주식은 Euronext Amsterdam, CBOE DXE, Turquoise 거래소를 통해 매입되었습니다.
SBM Offshore (OTC:SBFFF) a publié une mise à jour concernant son programme de rachat d'actions en cours d’un montant de 141 millions d'euros (150 millions de dollars US). Pour la période du 3 au 9 juillet 2025, la société a racheté 140 547 actions à un prix moyen de 23,00 euros, soit un total de 3,23 millions d'euros.
Le programme de rachat, débuté le 24 avril 2025, est achevé à 24,74 % avec 1 710 427 actions rachetées à un prix moyen de 20,42 euros. Les objectifs du programme sont de réduire le capital social et de fournir des actions pour les plans d’actionnariat salarié.
Le montant cumulé des rachats s’élève à 34,93 millions d'euros sur le total prévu. Toutes les actions ont été achetées via les bourses Euronext Amsterdam, CBOE DXE et Turquoise.
SBM Offshore (OTC:SBFFF) hat ein Update zu seinem laufenden Aktienrückkaufprogramm im Wert von 141 Millionen Euro (150 Millionen US-Dollar) gegeben. Im Zeitraum vom 3. bis 9. Juli 2025 hat das Unternehmen 140.547 Aktien zu einem durchschnittlichen Preis von 23,00 Euro zurückgekauft, was insgesamt 3,23 Millionen Euro entspricht.
Das Rückkaufprogramm, das am 24. April 2025 gestartet wurde, ist zu 24,74 % abgeschlossen mit 1.710.427 zurückgekauften Aktien zu einem durchschnittlichen Preis von 20,42 Euro. Die Ziele des Programms sind die Reduzierung des Aktienkapitals und die Bereitstellung von Aktien für Mitarbeiterbeteiligungsprogramme.
Der kumulierte Rückkaufbetrag beläuft sich auf 34,93 Millionen Euro des geplanten Gesamtbetrags. Alle Aktien wurden über die Börsen Euronext Amsterdam, CBOE DXE und Turquoise erworben.
- None.
- Share repurchase average price has increased from EUR20.42 to EUR23.00 in the latest week
- Program may cause reduction in public float and stock liquidity
Amsterdam, July 9, 2025
SBM Offshore reports the transaction details related to its EUR141 million (c. US
The repurchases were made under the EUR141 million share repurchase program announced on February 20, 2025 and effective from April 24, 2025. 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 April 24, 2025 through July 9, 2025 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 Investors section of the Company’s website.
| Share Repurchase Program | |||||||
| Overall progress Share Repurchase Program: | |||||||
| Total Repurchase Amount | EUR 141,189,019 | ||||||
| Cumulative Repurchase Amount | EUR 34,928,940 | ||||||
| Cumulative Quantity Repurchased | 1,710,427 | ||||||
| Cumulative Average Repurchase Price | EUR 20.42 | ||||||
| Start Date | April 24, 2025 | ||||||
| Percentage of program completed as of July 9, 2025 | |||||||
| Overview of details of last 5 trading days: | |||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | ||||
| July 3, 2025 | 27,986 | EUR 22.91 | EUR 641,285 | ||||
| July 4, 2025 | 28,217 | EUR 22.81 | EUR 643,726 | ||||
| July 7, 2025 | 28,552 | EUR 22.83 | EUR 651,854 | ||||
| July 8, 2025 | 27,903 | EUR 23.06 | EUR 643,468 | ||||
| July 9, 2025 | 27,889 | EUR 23.39 | EUR 652,396 | ||||
| Total | 140,547 | EUR 23.00 | EUR 3,232,729 | ||||
All shares purchased via Euronext Amsterdam, CBOE DXE and or Turquoise
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 February 20, 2025, details of which are available on its website.
Corporate Profile
SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy.
More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.
For further information, please visit our website at www.sbmoffshore.com.
| Financial Calendar | Date | Year | |
| Half Year 2025 Earnings | August 7 | 2025 | |
| Third Quarter 2025 Trading Update | November 13 | 2025 | |
| Full Year 2025 Earnings | February 26 | 2026 | |
| Annual General Meeting | April 15 | 2026 | |
| First Quarter 2026 Trading Update | May 7 | 2026 |
For further information, please contact:
Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager
| Mobile: | +31 (0) 2 02 36 32 36 |
| E-mail: | wouter.holties@sbmoffshore.com |
| Website: | www.sbmoffshore.com |
Media Relations
Giampaolo Arghittu
Head of External Relations
| Phone: | +31 (0) 6 212 62 333 / +39 33 494 79 584 |
| E-mail: | giampaolo.arghittu@sbmoffshore.com |
| Website: | www.sbmoffshore.com |
Market Abuse Regulation
This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
Disclaimer
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. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impact, Risk and Opportunity Management’ section of the 2023 Annual Report.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore 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 new information, subsequent events or otherwise.
This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the Half-Year Management Report accompanying the Half Year Earnings 2024 report, available on our website https://www.sbmoffshore.com/investors/financial-disclosures.
Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.
"SBM Offshore®", the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.
1 Based on the foreign exchange rate on February 20, 2025
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FAQ
What is the total value of SBFFF's share repurchase program announced in February 2025?
How many shares has SBFFF repurchased between July 3-9, 2025?
What is the completion percentage of SBFFF's current buyback program as of July 9, 2025?
What are the objectives of SBFFF's share repurchase program?
Where are the SBFFF shares being repurchased?
