Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (SBFFF) reported weekly details of its EUR227 million (US$270 million) share repurchase program for May 21–27, 2026. The program aims to reduce share capital and supply shares for management and employee plans.
As of May 27, 2026, EUR54.7 million has been spent to repurchase 1,581,278 shares at an average EUR34.56, representing 24.12% of the program. In the last five trading days, 129,546 shares were bought for EUR4.48 million at an average EUR34.58.
AI-generated analysis. Not financial advice.
Positive
- EUR227 million authorized share repurchase program supports capital reduction and share plans
- Cumulative repurchases of EUR54.7 million across 1,581,278 shares at EUR34.56
- Program 24.12% complete by May 27, 2026, indicating ongoing execution
- Last 5 trading days added 129,546 shares for EUR4.48 million
- All buybacks executed on major European venues, including Euronext Amsterdam
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
SBFFF fell 12.36% while close peers like SBFFY and WYGPY were flat and AKRYY and TOLWF were modestly positive, pointing to a stock-specific move rather than a sector-wide shift.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Buyback update | Positive | +17.0% | Progress report on EUR227 million repurchase and completion percentage. |
| Feb 04 | Buyback update | Positive | +0.1% | Weekly data for EUR141 million program and high completion level. |
| Jan 28 | Buyback update | Positive | +28.3% | Program above 90% complete with ongoing weekly repurchases. |
| Jan 21 | Buyback update | Positive | +28.3% | Higher cumulative spend and shares repurchased toward program target. |
| Jan 14 | Buyback update | Positive | +28.3% | Steady weekly purchases and rising completion of EUR141 million plan. |
Recent buyback updates have typically coincided with positive single-day moves in SBFFF, suggesting the market has often reacted favorably to similar announcements.
Over recent months, SBM Offshore has repeatedly communicated on share repurchase activity. Earlier buyback updates detailed a EUR141 million program nearing completion, with high completion percentages and consistent weekly purchases supporting share capital reduction and employee plans. A newer EUR227 million program, referenced in April, continued this capital return theme. Taken together, the history shows regular execution of buybacks, and today’s update extends that trajectory with fresh weekly data and higher aggregate amounts.
Historical Comparison
In the past five buyback updates, SBFFF saw an average move of 20.42%, generally positive. Today’s buyback progress update contrasts with that pattern, coinciding with a -12.36% move ahead of publication.
Buyback communications progressed from a EUR141 million program that reached over 90% completion to a newer EUR227 million authorization, indicating continuation and expansion of capital return and share capital reduction objectives.
Market Pulse Summary
This announcement details ongoing execution of SBM Offshore’s EUR227 million share repurchase program, including cumulative spend, shares bought, and recent daily activity. Historically, similar buyback updates have been associated with generally positive single-day moves, but outcomes have varied. Investors may monitor future disclosures on completion percentages, changes to capital allocation, and upcoming events on the financial calendar such as the Half Year 2026 earnings release on August 6, 2026.
Key Terms
Market Abuse Regulation regulatory
forward-looking statements regulatory
alternative performance measures financial
IFRS financial
Dividend Reinvestment Plan financial
inside information regulatory
AI-generated analysis. Not financial advice.
Amsterdam, May 27, 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 May 27, 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 54,655,364 | |||||
| Cumulative Quantity Repurchased | 1,581,278 | |||||
| Cumulative Average Repurchase Price | EUR 34.56 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of May 27, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| May 21, 2026 | 25,483 | EUR 35.16 | EUR 895,998 | |||
| May 22, 2026 | 25,697 | EUR 34.87 | EUR 895,970 | |||
| May 25, 2026 | 25,897 | EUR 34.60 | EUR 895,984 | |||
| May 26, 2026 | 25,836 | EUR 34.68 | EUR 895,972 | |||
| May 27, 2026 | 26,633 | EUR 33.64 | EUR 895,969 | |||
| Total | 129,546 | EUR 34.58 | EUR 4,479,892 | |||
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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