Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (OTC:SBFFF) reported weekly progress on its EUR 227 million share repurchase program for May 14–20, 2026. In this period, it repurchased 126,042 shares for EUR 4,479,947 at an average price of EUR 35.54.
Cumulatively since February 27, 2026, SBM Offshore has bought back 1,451,732 shares for EUR 50,175,472, at an average price of EUR 34.56, representing 22.14% of the program. The buyback aims to reduce share capital and supply shares for management and employee plans.
AI-generated analysis. Not financial advice.
Positive
- EUR 227 million share repurchase program in place
- EUR 50.18 million of shares repurchased since February 27, 2026
- 1.45 million shares bought back at EUR 34.56 average price
- 126,042 shares repurchased in May 14–20 week for EUR 4.48 million
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
SBFFF gained 5.15% while key peers were mixed: AKRYY up 3.6%, MTTRF down 1.19%, TOLWF down 2.08%, and SBFFY, WYGPY flat. The pattern points to stock-specific interest rather than a broad sector move.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| 2026-04-15 | Buyback progress update | Positive | +17.0% | Detailed progress on EUR227 million repurchase, including completion percentage and totals. |
| 2026-02-04 | Buyback progress update | Positive | +0.1% | Update on EUR141 million program nearing completion with cumulative spend and shares. |
| 2026-01-28 | Buyback progress update | Positive | +28.3% | Weekly data for EUR141.19 million program with high completion percentage. |
| 2026-01-21 | Buyback progress update | Positive | +28.3% | Weekly repurchase figures and cumulative progress toward EUR141 million authorization. |
| 2026-01-14 | Buyback progress update | Positive | +28.3% | Cumulative and weekly details for EUR141 million buyback program advancement. |
Recent buyback updates have generally coincided with positive one-day moves, suggesting the market has viewed these capital return actions constructively.
Over recent months, SBM Offshore has repeatedly reported progress on sizeable share repurchase programs, including a EUR141–141.19 million authorization and now a EUR227 million program. Past buyback updates showed the program advancing toward completion while supporting capital return and employee plans. One-day reactions around these buyback announcements have often been strongly positive, indicating that investors have historically welcomed these updates.
Historical Comparison
Past buyback updates for SBFFF saw an average move of 20.42%. Today’s 5.15% reaction to another repurchase progress report is more modest versus those prior spikes.
Same-tag history shows continuity from a EUR141–141.19 million buyback program toward the larger EUR227 million authorization, with recurring updates on cumulative spend and share count.
Market Pulse Summary
This announcement details weekly progress under SBM Offshore’s EUR227 million share repurchase program, including 126,042 shares bought for EUR4,479,947 at an average of EUR35.54. Cumulative repurchases now total 1,451,732 shares at EUR34.56. In light of prior buyback updates that were generally well-received, investors may monitor how completion of this program interacts with upcoming events on the financial calendar and broader sector conditions.
Key Terms
Market Abuse Regulation regulatory
forward-looking statements regulatory
alternative performance measures financial
ESMA guidelines regulatory
AI-generated analysis. Not financial advice.
Amsterdam, May 20, 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 20, 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 50,175,472 | |||||
| Cumulative Quantity Repurchased | 1,451,732 | |||||
| Cumulative Average Repurchase Price | EUR 34.56 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of May 20, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| May 14, 2026 | 25,468 | EUR 35.18 | EUR 895,985 | |||
| May 15, 2026 | 25,044 | EUR 35.78 | EUR 895,984 | |||
| May 18, 2026 | 25,143 | EUR 35.64 | EUR 895,998 | |||
| May 19, 2026 | 25,218 | EUR 35.53 | EUR 895,980 | |||
| May 20, 2026 | 25,169 | EUR 35.60 | EUR 895,999 | |||
| Total | 126,042 | EUR 35.54 | EUR 4,479,947 | |||
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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