Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (SBFFF) reported weekly details of its EUR227 million share repurchase program for May 28–June 3, 2026.
As of June 3, 2026, the company repurchased 1,715,823 shares for EUR 59,135,273, at an average price of EUR 34.46, completing 26.09% of the program. During the last five trading days, 134,545 shares were bought for EUR 4,479,909 at an average EUR 33.30. The company also reiterated its financial calendar, including Half Year 2026 earnings on August 6, 2026.
AI-generated analysis. Not financial advice.
Positive
- EUR 227 million share repurchase program aimed at reducing share capital
- EUR 59.1 million spent to repurchase 1,715,823 shares as of June 3, 2026
- 26.09% of the buyback program completed with an average price of EUR 34.46
- Last five trading days’ buybacks totaled 134,545 shares for EUR 4.48 million
Negative
- Cumulative cash outflow of EUR 59.1 million used for share repurchases
Key Figures
Market Reality Check
Peers on Argus
SBFFF showed a -12.36% move with very low volume, while key peers like SBFFY, WYGPY, AKRYY and MTTRF were flat and TOLWF rose 1.1%, pointing to stock-specific dynamics rather than a sector rotation.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| 2026-04-15 | Share repurchase update | Positive | +17.0% | Detailed progress on EUR227 million buyback with program 12.65% complete. |
| 2026-02-04 | Share repurchase update | Positive | +0.1% | Weekly data on EUR141 million buyback, 92.95% program completion reported. |
| 2026-01-28 | Share repurchase update | Positive | +28.3% | Progress on EUR141.19 million buyback with 90.69% completion disclosed. |
| 2026-01-21 | Share repurchase update | Positive | +28.3% | Weekly buyback progress showing 88.56% of EUR141 million program completed. |
| 2026-01-14 | Share repurchase update | Positive | +28.3% | Update on EUR141 million buyback at 86.71% completion with detailed volumes. |
Recent buyback updates have generally coincided with positive price reactions, suggesting the market often viewed these announcements constructively before this event.
In the past months, SBM Offshore has regularly reported progress on its share repurchase programs, including a EUR141 million and later a EUR227 million authorization. Prior buyback updates between Jan–Apr 2026 frequently showed high completion percentages and steady weekly repurchases, with average post-news moves around 20.42%. Against that backdrop, this new weekly update follows an established capital-return pattern but comes after a pre-news price decline of 12.36% on light volume.
Historical Comparison
Past buyback updates (5 events) saw average moves of 20.42%. This buyback detail fits the same pattern of regular capital-return disclosures but came after a notably weaker pre-news price setup.
Buyback activity progressed from a EUR141 million program (high completion by Jan–Feb 2026) to a larger EUR227 million program reported in April 2026 and now updated again with higher cumulative repurchases.
Market Pulse Summary
This announcement provides granular data on SBM Offshore’s EUR227 million share repurchase program, including cumulative spending of EUR 59,135,273 and 1,715,823 shares bought at an average of EUR 34.46. With 26.09% of the program completed and a clear financial calendar laid out, investors can track how ongoing buybacks interact with upcoming earnings and trading updates, while assessing how consistent execution supports the company’s stated capital allocation objectives.
Key Terms
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AI-generated analysis. Not financial advice.
Amsterdam, June 3, 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 3, 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 59,135,273 | |||||
| Cumulative Quantity Repurchased | 1,715,823 | |||||
| Cumulative Average Repurchase Price | EUR 34.46 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of June 3, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| May 28, 2026 | 27,283 | EUR 32.84 | EUR 895,996 | |||
| May 29, 2026 | 27,547 | EUR 32.53 | EUR 895,974 | |||
| June 1, 2026 | 26,350 | EUR 34.00 | EUR 895,987 | |||
| June 2, 2026 | 26,575 | EUR 33.71 | EUR 895,973 | |||
| June 3, 2026 | 26,790 | EUR 33.44 | EUR 895,978 | |||
| Total | 134,545 | EUR 33.30 | EUR 4,479,909 | |||
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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