Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (SBFFF) reports weekly transactions under its EUR227 million share repurchase program for April 16–22, 2026. As of April 22, 2026 the program is 14.63% complete with EUR33,151,719 spent to buy 977,243 shares at a cumulative average price of EUR33.92.
During April 16–22 the company repurchased 128,973 shares for EUR4,479,896 across Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe.
Positive
- Share repurchase program size: EUR227 million
- Program completion: 14.63% as of April 22, 2026
- Cumulative purchases: 977,243 shares totaling EUR33,151,719
- Weekly repurchases (Apr 16–22): 128,973 shares for EUR4,479,896
Negative
- Cumulative cash outflow to date: EUR33,151,719
- Program still incomplete: 85.37% of authorization remains
Key Figures
Market Reality Check
Peers on Argus
SBFFF rose 17.02% while key peers showed modest or mixed moves: SBFFY +0.05%, WYGPY +4.6%, AKRYY +5%, MTTRF -0.95%, TOLWF +0.3%, pointing to a stock-specific reaction.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Weekly buyback update | Positive | +17.0% | Details on EUR227 million repurchase progress and recent weekly executions. |
| Feb 04 | Weekly buyback update | Positive | +0.1% | Update on EUR141 million program at 92.95% completion with cumulative buys. |
| Jan 28 | Weekly buyback update | Positive | +28.3% | EUR141.19 million program nearing completion with fresh weekly repurchases. |
| Jan 21 | Weekly buyback update | Positive | +28.3% | Ongoing buybacks lifting completion to 88.56% of EUR141 million program. |
| Jan 14 | Weekly buyback update | Positive | +28.3% | Further progress on EUR141 million repurchases with cumulative 86.71% completed. |
Recent buyback updates often coincided with positive moves, with same-tag events showing an average move of 20.42%, suggesting market sensitivity to repurchase progress.
Over recent months SBM Offshore combined capital return and strategic actions. Multiple buyback updates detailed a EUR141–227 million repurchase framework aimed at reducing share capital and supplying management and employee plans, with programs frequently above 85% completion. Separately, the sale of FPSO ONE GUYANA for about US$2.32 billion materially reduced net debt. The latest update continues this pattern of systematic buybacks alongside a defined financial calendar and dividend distributions.
Historical Comparison
Past buyback updates for SBM Offshore showed an average move of 20.42%, so this weekly disclosure fits a pattern where detailed repurchase progress often drew a strong market response.
Buyback disclosures show a transition from a nearly completed EUR141 million program begun in 2025 to a new EUR227 million program in 2026, with regular weekly updates on completion percentages and volumes.
Market Pulse Summary
This announcement details weekly progress under SBM Offshore’s EUR227 million share repurchase program, including 977,243 shares bought for EUR33,151,719 at an average of EUR33.92, leaving the program 14.63% complete. It continues a series of regular buyback updates that accompany a defined financial calendar. Investors may focus on how these repurchases interact with dividends, past asset sales, and upcoming earnings when assessing capital allocation discipline.
Key Terms
Market Abuse Regulation regulatory
inside information regulatory
forward-looking statements regulatory
alternative performance measures financial
IFRS financial
ESMA regulatory
AI-generated analysis. Not financial advice.
Amsterdam, April 22, 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 April 22, 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 33,151,719 | |||||
| Cumulative Quantity Repurchased | 977,243 | |||||
| Cumulative Average Repurchase Price | EUR 33.92 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of April 22, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| April 16, 2026 | 25,470 | EUR 35.18 | EUR 895,984 | |||
| April 17, 2026 | 25,994 | EUR 34.47 | EUR 895,969 | |||
| April 20, 2026 | 26,098 | EUR 34.33 | EUR 895,973 | |||
| April 21, 2026 | 25,990 | EUR 34.47 | EUR 895,977 | |||
| April 22, 2026 | 25,421 | EUR 35.25 | EUR 895,994 | |||
| Total | 128,973 | EUR 34.74 | EUR 4,479,896 | |||
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 | |
| First Quarter 2026 Trading Update | May 7 | 2026 | |
| 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 |
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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