Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (SBFFF) reported weekly details of its EUR227 million share repurchase program for April 30–May 6, 2026. As of May 6, 2026 the program is 18.19% complete with EUR41,215,597 repurchased for 1,199,870 shares at a cumulative average price of EUR34.35. During April 30–May 6 the company bought 98,820 shares for EUR3,583,963 across Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe.
Positive
- Program size: EUR227 million authorised for repurchases
- Cumulative repurchases: EUR41,215,597 bought to date
- Shares repurchased: 1,199,870 cumulative quantity
- Weekly purchases: 98,820 shares for EUR3,583,963
Negative
- Program progress: only 18.19% completed as of May 6, 2026
- Cash deployed so far: EUR41.2 million reduces available liquidity
Key Figures
Market Reality Check
Peers on Argus
SBFFF gained 17.02% while key peers were mixed: SBFFY up 1.44%, TOLWF up 1.87%, AKRYY down 0.87%, with others flat. This points to stock-specific strength rather than a broad sector move.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Buyback progress update | Positive | +17.0% | Detailed progress on EUR227 million buyback and completion percentage as of mid‑April. |
| Feb 04 | Buyback progress update | Positive | +0.1% | Update on EUR141 million program showing over 92% completion and cumulative repurchases. |
| Jan 28 | Buyback progress update | Positive | +28.3% | Weekly data on EUR141.19 million program with high completion and share counts. |
| Jan 21 | Buyback progress update | Positive | +28.3% | Status of EUR141 million program showing 88.56% completion and weekly purchases. |
| Jan 14 | Buyback progress update | Positive | +28.3% | Early‑year update with 86.71% completion and cumulative 5.56M shares repurchased. |
Past buyback updates generally coincided with positive price moves, averaging 20.42% on the day after similar announcements.
Recent communications from SBM Offshore have repeatedly focused on sizeable share repurchase programs, such as the EUR141 million and later EUR227 million buybacks, with updates showing steady execution and high completion percentages. These buybacks aim to reduce share capital and supply management and employee plans. Historically, such updates often preceded double‑digit positive moves, providing context for the strong share price position ahead of this latest weekly progress report.
Historical Comparison
Past buyback updates (average move 20.42%) often saw strong positive reactions, framing this latest EUR227 million program progress within an established pattern.
Buyback activity progressed from a EUR141 million program with rising completion levels to a new EUR227 million program, with regular updates on cumulative spending and share counts.
Market Pulse Summary
This announcement provides another detailed progress update on SBM Offshore’s EUR227 million share repurchase program, showing 18.19% completion and 1,199,870 shares repurchased at an average of EUR34.35. Historically, similar buyback communications have coincided with positive moves, but outcomes have varied. Investors may watch future updates around remaining program capacity, execution pace, and upcoming dates in the 2026 financial calendar for additional context.
Key Terms
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AI-generated analysis. Not financial advice.
Amsterdam, May 6, 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 6, 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 41,215,597 | |||||
| Cumulative Quantity Repurchased | 1,199,870 | |||||
| Cumulative Average Repurchase Price | EUR 34.35 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of May 6, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| April 30, 2026 | 24,854 | EUR 36.05 | EUR 895,999 | |||
| May 1, 2026 | Stock markets closed | |||||
| May 4, 2026 | 24,737 | EUR 36.22 | EUR 895,989 | |||
| May 5, 2026 | 24,479 | EUR 36.60 | EUR 895,997 | |||
| May 6, 2026 | 24,750 | EUR 36.20 | EUR 895,977 | |||
| Total | 98,820 | EUR 36.27 | EUR 3,583,963 | |||
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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