Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (OTC:SBFFF) reported progress on its EUR 227 million (US$270 million) share repurchase program for June 11–17, 2026.
According to SBM Offshore, a cumulative EUR 68,095,113 has been used to buy 1,984,669 shares at an average price of EUR 34.31, completing 30.05% of the program.
In the last five trading days, 135,347 shares were repurchased for EUR 4,479,926 at an average price of EUR 33.10.
AI-generated analysis. Not financial advice.
Positive
- EUR 227 million total share repurchase program targeting capital reduction and share plans
- Cumulative buybacks of 1,984,669 shares for EUR 68,095,113
- 30.05% of the authorized repurchase program completed by June 17, 2026
- Recent five-day purchases of 135,347 shares for EUR 4,479,926
Negative
- None.
Key Figures
Peers on Argus
SBFFF was down 1.68% while key peers were mixed: WYGPY up 5.4%, TOLWF down 2.58%, others flat. Moves do not indicate a unified sector trend.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Buyback update | Positive | +17.0% | Progress report on EUR227 million buyback, 12.65% completed by April 15, 2026. |
| Feb 04 | Buyback update | Positive | +0.1% | EUR141 million program at 92.95% completion, detailing recent repurchase activity. |
| Jan 28 | Buyback update | Positive | +28.3% | EUR141.19 million program 90.69% complete with sizeable cumulative repurchases. |
| Jan 21 | Buyback update | Positive | +28.3% | EUR141 million buyback 88.56% complete, highlighting ongoing capital return. |
| Jan 14 | Buyback update | Positive | +28.3% | EUR141 million program 86.71% complete, with detailed weekly repurchase figures. |
Past buyback updates have often coincided with positive moves, with an average same-day move of 20.42% across prior buyback-tagged releases.
Recent news flow has been dominated by recurring buyback updates under sizeable repurchase programs. Earlier communications detailed a EUR141 million program that was over 86% complete by mid-January 2026, then shifted to a larger EUR227 million program by April 2026. These releases consistently reiterated objectives of share capital reduction and supplying shares for management and employee plans. Historically, several of these buyback updates were followed by strong positive price reactions, providing context for how the market has treated similar announcements.
Historical Comparison
In the past months, SBM Offshore issued 5 buyback updates tagged as buybacks, with an average same-day move of 20.42%, showing markets often reacted strongly to this theme.
Historical buyback releases show progression from a EUR141 million program nearing completion in January 2026 to a larger EUR227 million program active by April 2026, consistently emphasizing share capital reduction and support for management and employee plans.
Market Pulse Summary
This announcement details ongoing execution of a EUR227 million share repurchase program, 30.05% complete by June 17, 2026, with nearly 1,985,000 shares bought at an average of EUR34.31. It reiterates goals of reducing share capital and supplying management and employee plans. Historical buyback-tagged releases showed an average move of 20.42%, so investors may watch future updates, earnings dates, and program completion levels for additional signals.
Key Terms
Market Abuse Regulation regulatory
forward-looking statements regulatory
IFRS financial
alternative performance measures financial
ESMA guidelines regulatory
AI-generated analysis. Not financial advice.
Amsterdam, June 17, 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 June 17, 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 68,095,113 | |||||
| Cumulative Quantity Repurchased | 1,984,669 | |||||
| Cumulative Average Repurchase Price | EUR 34.31 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of June 17, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| June 11, 2026 | 26,474 | EUR 33.84 | EUR 895,994 | |||
| June 12, 2026 | 26,749 | EUR 33.50 | EUR 895,976 | |||
| June 15, 2026 | 27,272 | EUR 32.85 | EUR 895,989 | |||
| June 16, 2026 | 27,385 | EUR 32.72 | EUR 895,969 | |||
| June 17, 2026 | 27,467 | EUR 32.62 | EUR 895,998 | |||
| Total | 135,347 | EUR 33.10 | EUR 4,479,926 | |||
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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