Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (OTC:SBFFF) reported progress on its EUR 227 million share repurchase program for May 7–13, 2026. In that period, 125,820 shares were bought for EUR 4.48 million at an average of EUR 35.61. Cumulatively, 1,325,690 shares have been repurchased for EUR 45.70 million at an average price of EUR 34.47, representing 20.16% of the program completed since the February 27, 2026 start.
AI-generated analysis. Not financial advice.
Positive
- EUR 227 million share repurchase program targeting capital reduction and employee plans
- EUR 45.70 million spent cumulatively to repurchase 1,325,690 shares
- 20.16% of the share repurchase program completed by May 13, 2026
- EUR 4.48 million repurchased over the last 5 trading days at EUR 35.61 average price
- Cumulative average repurchase price of EUR 34.47 per share
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
SBFFF gained 17.02% while close peers showed mixed moves: WYGPY -2.69%, AKRYY +3.6%, MTTRF -1.03%, TOLWF +5.52%. The pattern points to a stock-specific reaction rather than a broad sector shift.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Share repurchase update | Positive | +17.0% | Update on EUR227M buyback progress and recent weekly repurchases. |
| Feb 04 | Share repurchase update | Positive | +0.1% | Weekly details on EUR141M buyback nearing full completion. |
| Jan 28 | Share repurchase update | Positive | +28.3% | Progress report showing over 90% completion of EUR141.19M program. |
| Jan 21 | Share repurchase update | Positive | +28.3% | Update on EUR141M buyback with completion approaching 89%. |
| Jan 14 | Share repurchase update | Positive | +28.3% | EUR141M buyback progress crossing 86% completion with detailed weekly totals. |
Recent share repurchase updates have often coincided with strong positive one-day moves, with several past buyback releases linked to double-digit percentage gains.
Over the last six months, SBM Offshore has repeatedly updated investors on sizeable share repurchase programs and capital returns, alongside corporate actions such as the sale of FPSO ONE GUYANA for US$2.32 billion. Prior buyback updates around EUR141–227 million programs have seen one-day moves up to 28.31%. Today’s detailed progress report on the EUR227 million program, now over 20% complete, continues this communication pattern and aligns with earlier buyback-focused disclosures.
Historical Comparison
In the past months, SBM Offshore issued 5 buyback updates tagged as ‘buybacks’, with an average move of 20.42%. Today’s 17.02% reaction sits within this historically strong response range.
Historically, SBM Offshore reported progress on a EUR141 million buyback that advanced into the high-80s to 90% completion range. The current update reflects a newer EUR227 million program, effective from February 27, 2026, now reported as 20.16% complete.
Market Pulse Summary
This announcement details weekly progress of SBM Offshore’s EUR227 million share repurchase program, now 20.16% complete with 1,325,690 shares bought at an average of EUR 34.47. Historically, similar ‘buybacks’ updates have coincided with notable single-day moves. Investors may monitor future progress reports, upcoming dates on the 2026–2027 financial calendar, and how repurchases interact with the stock’s strong position above its 200-day MA 16.37.
Key Terms
Market Abuse Regulation regulatory
alternative performance measures financial
IFRS regulatory
AI-generated analysis. Not financial advice.
Amsterdam, May 13, 2026
SBM Offshore reports the transaction details related to its EUR227 million (US
The repurchases were made under the EUR227 million share repurchase program announced on February 26, 2026 and effective from February 27, 2026. 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 February 27, 2026 through May 13, 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 226,633,158 | |||||
| Cumulative Repurchase Amount | EUR 45,695,526 | |||||
| Cumulative Quantity Repurchased | 1,325,690 | |||||
| Cumulative Average Repurchase Price | EUR 34.47 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of May 13, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| May 7, 2026 | 24,951 | EUR 35.91 | EUR 895,997 | |||
| May 8, 2026 | 25,592 | EUR 35.01 | EUR 895,984 | |||
| May 11, 2026 | 25,232 | EUR 35.51 | EUR 895,966 | |||
| May 12, 2026 | 24,796 | EUR 36.13 | EUR 895,998 | |||
| May 13, 2026 | 25,249 | EUR 35.49 | EUR 895,983 | |||
| Total | 125,820 | EUR 35.61 | EUR 4,479,929 | |||
All shares purchased via Euronext Amsterdam, CBOE DXE, Turquoise Europe and or Aquis Europe.
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 26, 2026, details of which are available on its website.
Corporate Profile
SBM Offshore is a global leader in deepwater ocean infrastructure, delivering floating production solutions across the full asset lifecycle—from design and construction to installation and operation. Supported by a global team of more than 8,000 professionals, the Company operates a long-term, asset-backed business model that delivers high-availability assets and predictable cash flows. SBM Offshore combines engineering expertise, operational reliability, and selective innovation to support safe, efficient, and lower-carbon energy production, while extending its capabilities into new opportunities across the blue economy.
For further information, please visit our website at www.sbmoffshore.com.
| Financial Calendar | Date | Year | |
| Half Year 2026 Earnings | August 6 | 2026 | |
| Third Quarter 2026 Trading Update | November 12 | 2026 | |
| Full Year 2026 Earnings | February 18 | 2027 | |
| Annual General Meeting | April 7 | 2027 | |
| First Quarter 2027 Trading Update | May 5 | 2027 |
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, expectations and various assumptions regarding the financial and non-financial position of SBM Offshore N.V., anticipated developments and other factors, and involve known and unknown risks, dependencies 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 2025 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 N.V. 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.
Data underpinning certain disclosures – particularly sustainability-related - may be subject to inherent limitations. These limitations include but are not limited to reliance on third party data providers whose data quality, completeness and integrity may differ; the use of estimates and assumptions where actual data is unavailable or incomplete; and dependencies on value chain partners for timely and accurate information provision. Methodologies, standards and regulatory requirements for measuring and reporting information—especially sustainability related information—continue to evolve. As a result, our measurement approaches and reported figures may be refined over time as more accurate, granular or standardized data becomes available. Accordingly, all data, and emissions data in particular, should be interpreted in light of these limitations and the ongoing maturation of sustainability reporting practices across our value chain.
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 2025 Annual Report, available on our website Annual Reports - 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®” and “Imodco®” are proprietary marks owned by SBM Offshore.
1 Based on the EUR/US$ forward exchange rate on February 18, 2026.
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