Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reports weekly details of its EUR227 million share repurchase program for March 5–11, 2026. The program started February 27, 2026 with the objective to reduce share capital and supply shares for management and employee plans. As of March 11, 2026 the program is 3.56% complete.

From March 5–11 the company repurchased 140,709 shares for a total settlement of EUR 4,479,917; cumulative repurchases since start total 253,721 shares (EUR 8,063,861).

Positive

• EUR 227 million authorized repurchase program announced February 26, 2026
• Program 3.56% complete as of March 11, 2026
• Cumulative quantity repurchased: 253,721 shares (EUR 8,063,861)
• Weekly repurchases March 5–11: 140,709 shares settled for EUR 4,479,917

Negative

• Large authorized program size may reduce corporate liquidity if fully deployed
• Average repurchase price rose to EUR 31.78 cumulatively, increasing cash outflow

Key Figures

Buyback program size: EUR 227 million Program size (USD): US$270 million Total Repurchase Amount: EUR 226,633,158 +5 more

8 metrics

Buyback program size EUR 227 million Share repurchase program announced Feb 26, 2026

Program size (USD) US$270 million Translated using EUR/US$ forward rate on Feb 18, 2026

Total Repurchase Amount EUR 226,633,158 Overall progress table for program

Cumulative Repurchase Amount EUR 8,063,861 Cumulative spend Feb 27–Mar 11, 2026

Cumulative Quantity Repurchased 253,721 shares Program activity Feb 27–Mar 11, 2026

Cumulative Avg Price EUR 31.78 Average repurchase price since Feb 27, 2026

Program completion 3.56% Percentage of EUR 227 million program completed by Mar 11, 2026

Last 5 days buyback 140,709 shares; EUR 4,479,917 Aggregate quantity and settlement Mar 5–11, 2026

Market Reality Check

Price: $34.50 Vol: Volume 1,400 is 1.19x the...

normal vol

$34.50 Last Close

Volume Volume 1,400 is 1.19x the 20-day average of 1,181 shares. normal

Technical Price 34.5 trades above 200-day MA at 16.12 and at the 52-week high.

Peers on Argus

SBFFF gained 0.15% while key peer ADR SBFFY fell 2.96% and WYGPY declined 4.46%....

SBFFF gained 0.15% while key peer ADR SBFFY fell 2.96% and WYGPY declined 4.46%. Other peers were flat to slightly positive, indicating today’s modest uptick is more stock-specific than a broad sector move.

Previous Buybacks Reports

5 past events · Latest: Feb 04 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 04	Share repurchase update	Positive	+0.1%	Weekly details on EUR141 million buyback, 92.95% of program completed.
Jan 28	Share repurchase update	Positive	+28.3%	Progress report showing 90.69% completion of EUR141.19 million buyback.
Jan 21	Share repurchase update	Positive	+28.3%	Update on EUR141 million program with 88.56% completed since Apr 24, 2025.
Jan 14	Share repurchase update	Positive	+28.3%	Buyback progress to 86.71% of EUR141 million program with 5.56M shares.
Jan 07	Share repurchase update	Positive	+28.3%	Weekly details with program 84.70% complete and 5.45M shares repurchased.

Pattern Detected

Recent buyback updates have generally coincided with positive price moves, averaging about 22.68% across the last 5 buyback-tagged events.

Recent Company History

Over recent months, SBM Offshore has repeatedly updated the market on its share repurchase activities, including a EUR141–141.19 million program begun on Apr 24, 2025. Those releases showed steady progress, with completion levels rising from 84.70% to 92.95% and cumulative spend exceeding EUR131 million. The current announcement introduces weekly details under a new EUR227 million buyback, continuing the dual objectives of capital reduction and supplying shares for management and employee plans.

Historical Comparison

+22.7% avg move · In the past 5 buyback-tagged updates, SBFFF saw an average move of 22.68%, showing markets have been...

buybacks

+22.7%

Average Historical Move buybacks

In the past 5 buyback-tagged updates, SBFFF saw an average move of 22.68%, showing markets have been sensitive to repurchase disclosures.

Earlier updates detailed a EUR141 million buyback nearing completion; this release outlines activity under a larger EUR227 million program with similar goals of capital reduction and share provisioning.

Market Pulse Summary

This announcement details execution of SBM Offshore’s new EUR227 million share repurchase program, w...

Analysis

This announcement details execution of SBM Offshore’s new EUR227 million share repurchase program, with 3.56% completed and 253,721 shares bought at an average of EUR31.78 by Mar 11, 2026. It follows a prior EUR141 million program that neared completion earlier in 2026. Investors may focus on the pace of future repurchases, pricing relative to the current 52-week high, and upcoming dates in the 2026 financial calendar when further guidance is expected.

Key Terms

share repurchase program, Market Abuse Regulation, forward-looking statements, alternative performance measures, +3 more

7 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

"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

"This release 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.

APMs financial

"This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines"

APMs (alternative performance measures) are company-reported financial metrics that adjust or add to standard accounting figures—examples include "adjusted" profit, underlying earnings, or free cash flow excluding one-off items. They matter to investors because they show how management believes the business performs after removing items it views as unusual, much like a chef describing a recipe without optional garnishes; used carefully they can clarify trends, but they can also make comparisons harder.

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 11, 2026

SBM Offshore reports the transaction details related to its EUR227 million (US$270 million¹) share repurchase program for the period March 5, 2026 through March 11, 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 11, 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 8,063,861
Cumulative Quantity Repurchased				253,721
Cumulative Average Repurchase Price				EUR 31.78
Start Date				February 27, 2026
Percentage of program completed as of March 11, 2026				3.56%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
March 5, 2026	28,741		EUR 31.17	EUR 895,972
March 6, 2026	29,077		EUR 30.81	EUR 895,987
March 9, 2026	28,812		EUR 31.10	EUR 895,984
March 10, 2026	27,201		EUR 32.94	EUR 895,990
March 11, 2026	26,878		EUR 33.34	EUR 895,984
Total	140,709		EUR 31.84	EUR 4,479,917

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 10 & 11 - March 5 to March 11, 2026

FAQ

How much of the SBFFF EUR227 million buyback was completed by March 11, 2026?

As of March 11, 2026 the buyback was 3.56% complete. According to the company, the program started February 27, 2026 and cumulative repurchases total EUR 8,063,861, representing 3.56% of the EUR227 million authorization.

How many SBFFF shares were repurchased during March 5–11, 2026 and at what cost?

SBM Offshore repurchased 140,709 shares during March 5–11, 2026 for a total settlement of EUR 4,479,917. According to the company, the five trading days' average purchase price was EUR 31.84 per share.

What is the cumulative repurchase volume and average price for SBFFF since program start?

Cumulative repurchases since February 27, 2026 total 253,721 shares costing EUR 8,063,861. According to the company, the cumulative average repurchase price is EUR 31.78 per share.

What are the stated objectives of the SBFFF share repurchase program announced February 26, 2026?

The program aims to reduce share capital and provide shares for management and employee plans. According to the company, repurchases are executed to support capital structure and share-based compensation needs under the EUR227 million authorization.

On which venues did SBFFF execute repurchases for the March 5–11, 2026 period?

Repurchases were executed on Euronext Amsterdam, CBOE DXE, Turquoise Europe, and Aquis Europe. According to the company, all shares purchased during the period were acquired across these listed trading venues.