Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reported weekly details of its EUR141 million share repurchase program for the period Jan 15–21, 2026. Cumulative repurchases through Jan 21, 2026 total EUR125,034,795 for 5,648,129 shares, representing 88.56% of the program (start Apr 24, 2025). During Jan 15–21 the company bought 90,993 shares for EUR2,612,084 (weekly average price EUR28.71). The program’s stated objectives are to reduce share capital and to supply shares for management and employee plans.

Positive

• Program funding: EUR141,189,019 total authorization
• Cumulative repurchases: EUR125,034,795 (5,648,129 shares)
• Program progress: 88.56% completed as of Jan 21, 2026

Negative

• Remaining capacity: only 11.44% of the EUR141M program remains
• Recent weekly average purchase price EUR28.71 vs cumulative avg EUR22.14

Key Figures

Share repurchase program size: EUR 141 million Total repurchase amount: EUR 141,189,019 Cumulative repurchase amount: EUR 125,034,795 +5 more

8 metrics

Share repurchase program size EUR 141 million Total share repurchase program announced February 20, 2025

Total repurchase amount EUR 141,189,019 Overall progress of share repurchase program

Cumulative repurchase amount EUR 125,034,795 Cumulative since April 24, 2025

Cumulative shares repurchased 5,648,129 Total quantity repurchased under program

Cumulative average price EUR 22.14 Average repurchase price since April 24, 2025

Program completion 88.56% Percentage of program completed as of January 21, 2026

Last 5 days shares 90,993 Quantity repurchased January 15–21, 2026

Last 5 days settlement EUR 2,612,084 Total settlement amount January 15–21, 2026

Market Reality Check

Price: $26.85 Vol: Volume 500 vs 20-day aver...

low vol

$26.85 Last Close

Volume Volume 500 vs 20-day average 1,171 (relative volume 0.43) indicates subdued trading activity. low

Technical Price 26.85 is trading above the 200-day MA at 15.91, keeping the longer-term trend constructive despite the pullback.

Peers on Argus

SBFFF fell 5.06% while close peers were mixed: WYGPY -1.94%, MTTRF +3.67%, TOLWF...

SBFFF fell 5.06% while close peers were mixed: WYGPY -1.94%, MTTRF +3.67%, TOLWF +2.86%, others flat. Moves diverge, pointing to stock-specific factors.

Market Pulse Summary

This announcement details steady progress on SBM Offshore’s EUR 141 million share repurchase program...

Analysis

This announcement details steady progress on SBM Offshore’s EUR 141 million share repurchase program, with EUR 125,034,795 spent and 88.56% completed as of January 21, 2026. The update confirms ongoing capital return and support for employee share plans. Investors may monitor future disclosures, upcoming events on the financial calendar such as the February 26, 2026 full-year 2025 earnings release, and how buybacks interact with broader sector and company-specific developments.

Key Terms

share repurchase program, Market Abuse Regulation, inside information, forward-looking statements, +2 more

6 terms

share repurchase program financial

"SBM Offshore reports the transaction details related to its EUR141 million ... share repurchase program"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

Market Abuse Regulation regulatory

"This press release contains information which is to be made publicly available under the Market Abuse Regulation (nr. 596/2014)."

Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.

inside information regulatory

"This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation."

Information not available to the public that, if known, would likely cause a company’s stock or bonds to rise or fall—for example, undisclosed earnings, deals, product results, or management plans. It matters because trading on that information gives an unfair advantage, can distort market prices, and is typically illegal or subject to strict rules, so investors watch for proper disclosure and compliance to protect fair, transparent markets.

forward-looking statements regulatory

"statements of future expectations and other forward-looking statements based on management’s current views"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

alternative performance measures financial

"This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines"

Alternative performance measures are financial figures companies present alongside official accounting numbers that strip out certain costs or gains to highlight how management views underlying business trends. Think of it like a cook showing a recipe’s calories without the sauce to emphasize the main ingredients; investors use these adjusted numbers to compare performance and spot trends, but they can vary by company and require careful scrutiny to avoid misleading comparisons.

IFRS regulatory

"alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS."

International Financial Reporting Standards (IFRS) are a set of common accounting rules used by many companies worldwide to prepare financial statements, so numbers like revenue, profit and assets are measured in the same way across borders. For investors, IFRS matters because it makes it easier to compare the financial health and performance of different companies—like using the same ruler to measure different objects—reducing surprises and helping informed investment decisions.

AI-generated analysis. Not financial advice.

Amsterdam, January 21, 2026

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period January 15, 2026 through January 21, 2026.

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 January 21, 2026 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 125,034,795
Cumulative Quantity Repurchased				5,648,129
Cumulative Average Repurchase Price				EUR 22.14
Start Date				April 24, 2025
Percentage of program completed as of January 21, 2026				88.56%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
January 15, 2026	8,100		EUR 28.03	EUR 227,058
January 16, 2026	18,929		EUR 28.40	EUR 537,532
January 19, 2026	21,774		EUR 28.51	EUR 620,825
January 20, 2026	21,210		EUR 28.64	EUR 607,401
January 21, 2026	20,980		EUR 29.52	EUR 619,267
Total	90,993		EUR 28.71	EUR 2,612,084

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
Full Year 2025 Earnings		February 26	2026
Annual General Meeting		April 15	2026
First Quarter 2026 Trading Update		May 7	2026
Half Year 2026 Earnings		August 6	2026
Third Quarter 2026 Trading Update		November 12	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 / or 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 ‘Impacts, Risks and Opportunities’ section of the 2024 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 2025 report, available on our website Half Year Earnings - SBM Offshore.

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^®” and “F4W^®” are proprietary marks owned by SBM Offshore.

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¹ Based on the foreign exchange rate on February 20, 2025

Attachment

• Press Release Week 03 & 04 - January 15 to January 21, 2026

FAQ

How much of the SBFFF EUR141 million buyback program was completed as of Jan 21, 2026?

The company had completed 88.56% of the EUR141 million program as of Jan 21, 2026.

What volume and cost did SBFFF repurchase between Jan 15 and Jan 21, 2026?

SBM repurchased 90,993 shares for a total settlement amount of EUR2,612,084 (weekly average price EUR28.71).

How many shares has SBFFF repurchased cumulatively under the program through Jan 21, 2026?

Cumulative repurchases total 5,648,129 shares for EUR125,034,795 through Jan 21, 2026.

What are the stated objectives of the SBFFF share repurchase program announced Feb 20, 2025?

The program aims to reduce share capital and provide shares for regular management and employee share programs.

Where were SBFFF shares purchased during the Jan 15–21, 2026 repurchase period?

All shares were purchased via Euronext Amsterdam, CBOE DXE or Turquoise during Jan 15–21, 2026.