Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (SBFFF) reported weekly progress on its EUR 227 million (about US$270 million) share repurchase program for June 25–July 1, 2026. In this period it bought 145,764 shares for EUR 4.48 million at an average EUR 30.73.
Cumulatively since February 27, 2026, SBM Offshore has repurchased 2,268,221 shares for EUR 77.05 million at an average EUR 33.97, completing 34% of the program. The buyback aims to reduce share capital and supply shares for management and employee plans.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Positive
- EUR 227 million share repurchase program underway
- EUR 77.05 million spent to repurchase 2,268,221 shares to date
- Cumulative average repurchase price of EUR 33.97 per share
- 34% of the authorized buyback program completed by July 1, 2026
- EUR 4.48 million used to repurchase 145,764 shares in the last 5 trading days
Negative
- EUR 77.05 million of cash deployed so far for share repurchases
Key Figures
Previous Buybacks Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Buyback update | Positive | +17.0% | Detailed progress on new EUR227m repurchase program and cumulative activity. |
| Feb 04 | Buyback update | Positive | +0.1% | High completion level of EUR141m buyback and ongoing weekly repurchases. |
| Jan 28 | Buyback update | Positive | +28.3% | Progress toward completion of EUR141.19m buyback with weekly volumes disclosed. |
| Jan 21 | Buyback update | Positive | +28.3% | Update on EUR141m program reaching over 88% completion and weekly purchases. |
| Jan 14 | Buyback update | Positive | +28.3% | Ongoing EUR141m buyback with rising cumulative spend and share count. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Buyback update headlines have historically aligned with strong positive price reactions for SBFFF.
Historical Comparison
In the past 6 months, SBFFF reported 5 buyback updates, with an average move of ±20.42%. Today’s announcement is another routine progress report under a similar capital-return framework.
Recent history shows a sequence of sizeable buyback programs, with a EUR141m program nearing completion in early 2026 followed by a new EUR227m program with regular weekly progress updates.
Regulatory & Risk Context
Reported short interest appears low, suggesting limited short-squeeze potential and generally reduced volatility pressure from short covering.
Key Terms
market abuse regulation regulatory
forward-looking statements regulatory
ifrs financial
alternative performance measures financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Amsterdam, July 1, 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 July 1, 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 77,054,976 | |||||
| Cumulative Quantity Repurchased | 2,268,221 | |||||
| Cumulative Average Repurchase Price | EUR 33.97 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of July 1, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| June 25, 2026 | 28,341 | EUR 31.61 | EUR 895,992 | |||
| June 26, 2026 | 28,994 | EUR 30.90 | EUR 895,990 | |||
| June 29, 2026 | 29,275 | EUR 30.61 | EUR 895,979 | |||
| June 30, 2026 | 29,422 | EUR 30.45 | EUR 895,971 | |||
| July 1, 2026 | 29,732 | EUR 30.14 | EUR 895,995 | |||
| Total | 145,764 | EUR 30.73 | 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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