Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reported weekly details of its EUR227 million share repurchase program for March 19–25, 2026. The program, effective February 27, 2026, aims to reduce share capital and supply shares for management and employee plans.

As of March 25, 2026, 7.51% complete: cumulative repurchases total EUR17,024,080 for 521,151 shares at an average price of EUR32.67. During March 19–25 the company repurchased 131,672 shares for EUR4,479,920 across Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe.

Positive

• Program size: EUR227 million share repurchase authorization
• Repurchase objective: reduce share capital and support employee plans
• Progress: 7.51% of program completed as of March 25, 2026
• Cumulative repurchased: 521,151 shares at EUR32.67 average

Negative

• Cash deployed to date: EUR17,024,080 repurchased through March 25, 2026
• Weekly cash outflow: EUR4,479,920 settled for March 19–25, 2026

Key Figures

Share repurchase program size: EUR 227 million (US$270 million) Total repurchase amount: EUR 226,633,158 Cumulative repurchase amount: EUR 17,024,080 +5 more

8 metrics

Share repurchase program size EUR 227 million (US$270 million) Current share repurchase program announced Feb 26, 2026

Total repurchase amount EUR 226,633,158 Overall progress of share repurchase program

Cumulative repurchase amount EUR 17,024,080 Cumulative amount repurchased as of Mar 25, 2026

Cumulative quantity repurchased 521,151 shares Under current EUR 227 million program

Cumulative average price EUR 32.67 Average repurchase price under current program

Program completion 7.51% Percentage of program completed as of Mar 25, 2026

Last 5 days quantity 131,672 shares Shares repurchased Mar 19–25, 2026

Last 5 days settlement EUR 4,479,920 Total settlement for Mar 19–25, 2026 repurchases

Market Reality Check

Price: $35.84 Vol: Volume 898 is below 20-da...

normal vol

$35.84 Last Close

Volume Volume 898 is below 20-day average 1,209 (relative volume 0.74x). normal

Technical Price 35.84 trades above 200-day MA 16.23, sitting 5.92% below 52-week high and 177.4% above 52-week low.

Peers on Argus

SBFFF gained 3.88% with peers generally positive: SBFFY +0.91%, WYGPY +5.75%, TO...

SBFFF gained 3.88% with peers generally positive: SBFFY +0.91%, WYGPY +5.75%, TOLWF +2.04%, while AKRYY and MTTRF were flat. This points to a broader positive sector tone alongside the buyback update.

Previous Buybacks Reports

5 past events · Latest: Feb 04 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 04	Buyback update	Positive	+0.1%	Weekly progress on EUR141 million share repurchase program and cumulative totals.
Jan 28	Buyback update	Positive	+28.3%	High completion percentage and detailed weekly repurchases under buyback program.
Jan 21	Buyback update	Positive	+28.3%	Cumulative spend and shares bought nearing program completion thresholds.
Jan 14	Buyback update	Positive	+28.3%	Further cumulative progress with significant capital deployed to repurchases.
Jan 07	Buyback update	Positive	+28.3%	Ongoing execution of EUR141 million buyback with rising completion percentage.

Pattern Detected

Recent buyback updates have generally coincided with positive share price reactions, often showing strong single-day gains.

Recent Company History

Over recent months, SBM Offshore has regularly reported progress on its share repurchase programs, highlighting consistent capital return to shareholders. Earlier updates on the prior EUR141 million program showed completion levels above 84% with multi-million-euro cumulative repurchases and strong one-day price moves. Today’s announcement of detailed transactions under the new EUR227 million program continues this pattern of structured buybacks aimed at reducing share capital and supplying management and employee plans.

Historical Comparison

+22.7% avg move · In the past months, SBM Offshore issued multiple buyback updates tagged as ‘buybacks’, with an avera...

buybacks

+22.7%

Average Historical Move buybacks

In the past months, SBM Offshore issued multiple buyback updates tagged as ‘buybacks’, with an average one-day move of 22.68%. Today’s disclosure of transactions under the larger EUR227 million program extends that established pattern of market-sensitive repurchase news.

The company has moved from updating a EUR141 million program nearing completion to executing a new EUR227 million repurchase, maintaining consistent communication on capital return activity.

Market Pulse Summary

This announcement details execution under SBM Offshore’s EUR227 million share repurchase program, in...

Analysis

This announcement details execution under SBM Offshore’s EUR227 million share repurchase program, including cumulative purchases of 521,151 shares and a 7.51% completion level. It continues a series of buyback updates that previously centered on a EUR141 million program. Investors tracking the story may focus on ongoing repurchase pace, future program disclosures, and upcoming milestones on the financial calendar such as the April 2026 AGM and scheduled earnings dates.

Key Terms

share repurchase program, market abuse regulation, forward-looking statements, alternative performance measures, +2 more

6 terms

share repurchase program financial

"SBM Offshore reports the transaction details related to its EUR227 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

"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.

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

"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 financial

"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.

esma guidelines regulatory

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

ESMA guidelines are non-binding rulebooks published by the European Securities and Markets Authority that explain how financial laws should be applied across markets in the European Union. They matter to investors because they shape how companies and intermediaries report information, manage risks and run trading systems — like traffic rules that make road behavior predictable — which improves transparency, reduces surprises and can affect investment risk and costs.

AI-generated analysis. Not financial advice.

Amsterdam, March 25, 2026

SBM Offshore reports the transaction details related to its EUR227 million (US$270 million¹) share repurchase program for the period March 19, 2026 through March 25, 2026.

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 March 25, 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 17,024,080
Cumulative Quantity Repurchased				521,151
Cumulative Average Repurchase Price				EUR 32.67
Start Date				February 27, 2026
Percentage of program completed as of March 25, 2026				7.51%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
March 19, 2026	26,305		EUR 34.06	EUR 895,969
March 20, 2026	26,556		EUR 33.74	EUR 895,994
March 23, 2026	27,075		EUR 33.09	EUR 895,982
March 24, 2026	26,182		EUR 34.22	EUR 895,987
March 25, 2026	25,554		EUR 35.06	EUR 895,987
Total	131,672		EUR 34.02	EUR 4,479,920

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
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
Full Year 2026 Earnings		February 18	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.

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¹ Based on the EUR/US$ forward exchange rate on February 18, 2026.

Attachment

• Press Release Week 12 & 13 - March 19 to March 25, 2026

FAQ

How much of the SBFFF EUR227 million buyback was completed by March 25, 2026?

About 7.51% of the program was completed by March 25, 2026. According to the company, cumulative repurchases equal EUR17,024,080 for 521,151 shares, measured from the program start on February 27, 2026.

What were SBFFF repurchase volumes and cash spent during March 19–25, 2026?

SBM repurchased 131,672 shares during March 19–25, 2026 for EUR4,479,920. According to the company, daily trades occurred on Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe.

What is the average price SBFFF paid per share under the program to March 25, 2026?

The cumulative average repurchase price is EUR32.67 per share through March 25, 2026. According to the company, that average reflects all transactions executed since the program began on February 27, 2026.

What is the stated purpose of SBFFF's EUR227 million share repurchase program?

The program aims to reduce share capital and provide shares for management and employee share programs. According to the company, both objectives are explicit and guide the repurchase executions.

Where were SBFFF repurchases executed during the March 19–25, 2026 week?

Repurchases during that week were executed on Euronext Amsterdam, CBOE DXE, Turquoise Europe, and Aquis Europe. According to the company, all reported trades for March 19–25, 2026 took place across those venues.