Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (SBFFF) reports weekly share repurchase transactions for April 23–29, 2026 under its EUR227 million program effective February 27, 2026. As of April 29, 2026 the program is 16.60% complete with cumulative repurchases of EUR37,631,634 for 1,101,050 shares (avg. price EUR34.18).
Last five trading days saw 123,807 shares bought at an average price of EUR36.18 totaling EUR4,479,914. Remaining authorization is approximately EUR189,001,524.
Positive
- Repurchase program size of EUR226,633,158
- Cumulative repurchases of EUR37,631,634 (1,101,050 shares)
- Program reduces share capital and supplies shares for management and employee plans
- Last five trading days: 123,807 shares repurchased totaling EUR4,479,914
Negative
- Program is only 16.60% complete as of April 29, 2026
- Remaining repurchase authorization approx EUR189,001,524
- Recent average purchase price EUR36.18 above cumulative average price EUR34.18
Key Figures
Market Reality Check
Peers on Argus
SBFFF gained 17.02% while key peers like SBFFY, WYGPY, AKRYY, and MTTRF show 0% change and TOLWF is down 0.56%, pointing to a stock-specific reaction rather than a sector-wide move.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Buyback progress update | Positive | +17.0% | Detailed progress on EUR227 million share repurchase program and recent buys. |
| Feb 04 | Buyback progress update | Positive | +0.1% | Weekly data on EUR141 million buyback, high completion percentage disclosed. |
| Jan 28 | Buyback progress update | Positive | +28.3% | Update on EUR141.19 million buyback with 90.69% completion and volumes. |
| Jan 21 | Buyback progress update | Positive | +28.3% | Weekly buyback details showing 88.56% completion of EUR141 million program. |
| Jan 14 | Buyback progress update | Positive | +28.3% | Early-2026 update on EUR141 million buyback at 86.71% completion. |
Past buyback updates have typically coincided with positive price reactions, with an average move of about 20.42%, suggesting the market has often responded favorably to these announcements.
Over recent months, SBM Offshore has repeatedly reported on its share repurchase programs, including a prior EUR141–141.19 million program and the current EUR227 million program. Updates consistently highlight progress toward completion, cumulative euros spent, and shares retired to reduce share capital and serve management and employee plans. Historical buyback releases on Jan–Feb 2026 and April 15, 2026 were followed by notably positive one-day moves, framing today’s update within an ongoing capital return narrative.
Historical Comparison
In the last 5 buyback updates, SBFFF moved on average 20.42%. Today’s 17.02% reaction sits within that historically strong range for this news type.
Disclosures show consistent execution of substantial buyback programs, progressing from a largely completed EUR141–141.19 million authorization in early 2026 to an ongoing EUR227 million program with regular weekly updates.
Market Pulse Summary
This announcement details ongoing execution of SBM Offshore’s EUR227 million share repurchase program, including cumulative spending of EUR37,631,634 for 1,101,050 shares at an average of EUR34.18. The program’s goals are share capital reduction and supplying equity for management and employee plans. Set against earlier buyback updates with substantial market moves, investors may track completion percentages and future repurchase disclosures alongside the upcoming 2026 trading updates and earnings dates.
Key Terms
Market Abuse Regulation regulatory
alternative performance measures financial
ESMA regulatory
IFRS regulatory
AI-generated analysis. Not financial advice.
Amsterdam, April 29, 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 April 29, 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 37,631,634 | |||||
| Cumulative Quantity Repurchased | 1,101,050 | |||||
| Cumulative Average Repurchase Price | EUR 34.18 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of April 29, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| April 23, 2026 | 25,084 | EUR 35.72 | EUR 895,965 | |||
| April 24, 2026 | 24,649 | EUR 36.35 | EUR 895,964 | |||
| April 27, 2026 | 24,573 | EUR 36.46 | EUR 895,993 | |||
| April 28, 2026 | 24,729 | EUR 36.23 | EUR 895,993 | |||
| April 29, 2026 | 24,772 | EUR 36.17 | EUR 895,998 | |||
| Total | 123,807 | EUR 36.18 | EUR 4,479,914 | |||
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 | |
| 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 | |
| Annual General Meeting | April 7 | 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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