Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reports weekly share repurchase transactions for Feb 19–25, 2026 under its EUR141 million program (effective Apr 24, 2025).

The program is 99.60% complete as of Feb 25, 2026, with cumulative repurchases of EUR 140,627,662 for 6,161,335 shares and a cumulative average price of EUR 22.82.

Positive

• Program size EUR 141,189,019 total authorization
• Near-complete 99.60% of program completed as of Feb 25, 2026
• Cumulative repurchases EUR 140,627,662 for 6,161,335 shares
• Uses Reducing share capital and providing shares for management and employee plans

Negative

• Recent buyback average price EUR 31.33 over Feb 19–25, 2026
• Premium vs cumulative recent average (EUR 31.33) exceeds cumulative average EUR 22.82
• Remaining authorization EUR 561,357 unspent (approx.) implies limited further repurchases

Key Figures

Share repurchase program size: EUR 141 million Total repurchase amount: EUR 141,189,019 Cumulative repurchase amount: EUR 140,627,662 +5 more

8 metrics

Share repurchase program size EUR 141 million Current buyback program referenced in release

Total repurchase amount EUR 141,189,019 Overall progress of share repurchase program

Cumulative repurchase amount EUR 140,627,662 Amount spent as of February 25, 2026

Cumulative shares repurchased 6,161,335 Total quantity repurchased under current program

Cumulative average price EUR 22.82 Average price paid per share since April 24, 2025

Last 5 days quantity 101,815 shares Repurchased February 19–25, 2026

Last 5 days avg price EUR 31.33 Average purchase price over last 5 trading days

Program completion 99.60% Completion level as of February 25, 2026

Market Reality Check

Price: $34.50 Vol: Volume 1,400 is 19% above...

normal vol

$34.50 Last Close

Volume Volume 1,400 is 19% above the 20-day average of 1,181. normal

Technical Price 34.5 trades above the 200-day MA at 16.12, indicating a sustained uptrend ahead of this update.

Peers on Argus

SBFFF is up 0.15% with modestly above-average volume, while peers like WYGPY (+2...

SBFFF is up 0.15% with modestly above-average volume, while peers like WYGPY (+2.89%) and TOLWF (+2.18%) also gained, suggesting a supportive sector backdrop.

Previous Buybacks Reports

5 past events · Latest: 2025-03-19 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
2025-03-19	Buyback progress update	Positive	-2.4%	Detailed weekly execution of EUR130 million repurchase program.
2025-01-29	Buyback progress update	Positive	-2.5%	Update showing 77.62% completion of EUR130 million buyback.
2024-09-04	Buyback progress update	Positive	+0.0%	Mid-program metrics for EUR130 million repurchase including shares and spend.
2024-08-28	Buyback progress update	Positive	+0.0%	Weekly disclosure on expanded EUR130 million buyback execution.
2024-08-21	Buyback progress update	Positive	+0.0%	30.83% completion milestone on EUR130 million repurchase plan.

Pattern Detected

Recent buyback updates have often coincided with flat to mildly negative next-day moves despite shareholder-friendly intent.

Recent Company History

Over the last few buyback updates, SBM Offshore reported steady execution of sizeable repurchase programs (e.g., EUR 130 million in 2024–2025), aimed at reducing share capital and funding employee programs. Price reactions to these buyback disclosures were modest, with an average move of about -0.98% the next day. Today’s announcement continues this pattern, detailing progress toward completing a larger EUR 141 million program and reaffirming the same objectives and trading venues.

Historical Comparison

-1.0% avg move · In prior buyback updates, SBM Offshore’s stock moved on average -0.98% the next day, indicating that...

buybacks

-1.0%

Average Historical Move buybacks

In prior buyback updates, SBM Offshore’s stock moved on average -0.98% the next day, indicating that routine repurchase disclosures tended to elicit muted or slightly negative reactions.

Buyback communications progressed from a EUR 130 million program in 2024–2025 updates to a near-complete EUR 141 million program in the current disclosure.

Market Pulse Summary

This announcement details the near-completion of SBM Offshore’s EUR 141 million share repurchase pro...

Analysis

This announcement details the near-completion of SBM Offshore’s EUR 141 million share repurchase program, with 99.60% already executed and over 6.16 million shares bought back at an average of EUR 22.82. It continues a series of regular buyback updates that historically produced modest next-day moves, averaging -0.98%. Investors may watch upcoming events on the financial calendar, such as the Full Year 2025 earnings release, for incremental catalysts.

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 EUR141 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

"to be made 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

"other forward-looking statements based on management’s current views and assumptions"

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

"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

"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 regulatory

"alternative performance measures (APMs) as defined by the ESMA guidelines"

The European Securities and Markets Authority (ESMA) is the EU agency that sets rules and supervises fairness and transparency for financial markets across Europe. Think of it as a referee and rule-maker who aims to protect investors, reduce market abuse, and ensure companies and exchanges follow consistent standards; its guidance can affect trading rules, disclosure requirements, and investor confidence, which in turn can influence stock prices and capital flows.

AI-generated analysis. Not financial advice.

Amsterdam, February 25, 2026

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period February 19, 2026 through February 25, 2026.

The repurchases were made under the EUR141 million share repurchase program announced on February 20, 2025 and effective from April 24, 2025. 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 April 24, 2025 through February 25, 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 141,189,019
Cumulative Repurchase Amount				EUR 140,627,662
Cumulative Quantity Repurchased				6,161,335
Cumulative Average Repurchase Price				EUR 22.82
Start Date				April 24, 2025
Percentage of program completed as of February 25, 2026				99.60%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
February 19, 2026	23,921		EUR 31.06	EUR 743,020
February 20, 2026	23,886		EUR 30.88	EUR 737,624
February 23, 2026	19,768		EUR 30.94	EUR 611,624
February 24, 2026	16,912		EUR 31.74	EUR 536,827
February 25, 2026	17,328		EUR 32.34	EUR 560,403
Total	101,815		EUR 31.33	EUR 3,189,498

All shares purchased via Euronext Amsterdam, CBOE DXE and or Turquoise

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 20, 2025, details of which are available on its website.

Corporate Profile

SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. 
More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.
For further information, please visit our website at www.sbmoffshore.com.

Financial Calendar		Date	Year
Full Year 2025 Earnings		February 26	2026
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

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 and assumptions and involve known and unknown risks 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 2024 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 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.

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 the Half Year Management Report accompanying the Half Year Earnings 2025 report, available on our website Half Year Earnings - 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^®” are proprietary marks owned by SBM Offshore.

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¹ Based on the foreign exchange rate on February 20, 2025

Attachment

• Press Release Week 08 & 09 - February 19 to February 25, 2026

FAQ

What did SBFFF announce about its share repurchase activity for Feb 19–25, 2026?

SBM Offshore executed share repurchases totaling 101,815 shares for EUR 3,189,498 during Feb 19–25, 2026. According to the company, these trades were part of the EUR141 million program effective Apr 24, 2025 and were executed on Euronext Amsterdam, CBOE DXE and Turquoise.

How much of the EUR141 million SBFFF repurchase program is completed as of Feb 25, 2026?

The repurchase program is 99.60% complete as of Feb 25, 2026. According to the company, cumulative repurchases amount to EUR 140,627,662 for 6,161,335 shares under the EUR141 million authorization.

What is SBFFF's cumulative average repurchase price and how did recent trades compare?

Cumulative average repurchase price is EUR 22.82; recent trades averaged EUR 31.33. According to the company, Feb 19–25 average prices ranged from EUR 30.88 to EUR 32.34, raising the short-term buyback average versus the program average.

What is the stated purpose of SBFFF's share repurchase program announced Feb 20, 2025?

The program aims to reduce share capital and provide shares for management and employee share programs. According to the company, the EUR141 million authorization supports both capital reduction and share supply for compensation plans.

How many shares had SBFFF repurchased cumulatively by Feb 25, 2026 and what was the total amount spent?

SBM Offshore repurchased 6,161,335 shares cumulatively, spending EUR 140,627,662 as of Feb 25, 2026. According to the company, these totals cover activity since the program start on Apr 24, 2025.

Will SBFFF continue repurchases after Feb 25, 2026 under the EUR141 million program?

As of Feb 25, 2026, the program is 99.60% complete, leaving limited authorization remaining. According to the company, any further activity will depend on remaining capacity under the EUR141 million authorization and market execution.