Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (OTC:SBFFF) reported weekly details for its EUR141 million share repurchase program for the period Jan 8–14, 2026. The program, effective from Apr 24, 2025, is 86.71% complete as of Jan 14, 2026, with EUR122,422,711 cumulatively spent to buy 5,557,136 shares at a cumulative average price of EUR22.03. During Jan 8–14 the company repurchased 109,211 shares for a total settlement of EUR2,833,279

Positive

• Program size: EUR141,189,019
• Cumulative repurchased: 5,557,136 shares
• Program completion at 86.71% as of Jan 14, 2026
• Cumulative spend: EUR122,422,711

Negative

• Remaining program value: ~13.29% unexecuted as of Jan 14, 2026
• Recent weekly average price EUR25.94 above cumulative EUR22.03

Key Figures

Share repurchase program size: EUR 141 million (c. US$150 million) Total repurchase amount: EUR 141,189,019 Cumulative repurchase amount: EUR 122,422,711 +5 more

8 metrics

Share repurchase program size EUR 141 million (c. US$150 million) Current buyback program framework

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

Cumulative repurchase amount EUR 122,422,711 Through January 14, 2026

Cumulative shares repurchased 5,557,136 Program-to-date quantity

Cumulative average price EUR 22.03 Average repurchase price since April 24, 2025

Program completion 86.71% Percentage completed as of January 14, 2026

Last 5 days quantity 109,211 shares Repurchased January 8–14, 2026

Last 5 days settlement EUR 2,833,279 Total settlement amount January 8–14, 2026

Market Reality Check

Price: $26.85 Vol: Volume 500 is 0.43x the 2...

low vol

$26.85 Last Close

Volume Volume 500 is 0.43x the 20-day average, indicating relatively light trading before this update. low

Technical Shares at 26.85, trading above the 200-day MA of 15.91, reflecting a longer-term uptrend into this buyback update.

Peers on Argus

SBFFF was down 5.06% while key peers such as SBFFY, WYGPY, AKRYY, and MTTRF show...

SBFFF was down 5.06% while key peers such as SBFFY, WYGPY, AKRYY, and MTTRF showed 0% change and TOLWF rose 0.94%, pointing to a stock-specific move rather than a sector-wide shift.

Market Pulse Summary

This announcement provides detailed progress on SBM Offshore’s buyback program, including a total re...

Analysis

This announcement provides detailed progress on SBM Offshore’s buyback program, including a total repurchase amount of EUR 141,189,019 and 86.71% completion as of January 14, 2026. It also discloses recent activity of 109,211 shares repurchased over five trading days. In context with prior buyback updates that accompanied measurable price moves, investors could track future disclosures alongside scheduled events like the February 26, 2026 Full Year 2025 earnings release.

Key Terms

share repurchase program, Market Abuse Regulation, forward-looking statements, alternative performance measures, +2 more

6 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

"This press release contains information which is 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

"Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements"

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 which are not defined under IFRS."

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.

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, January 14, 2026

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period January 8, 2026 through January 14, 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 January 14, 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 122,422,711
Cumulative Quantity Repurchased				5,557,136
Cumulative Average Repurchase Price				EUR 22.03
Start Date				April 24, 2025
Percentage of program completed as of January 14, 2026				86.71%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
January 8, 2026	23,809		EUR 25.16	EUR 599,015
January 9, 2026	22,316		EUR 25.47	EUR 568,433
January 12, 2026	19,122		EUR 25.98	EUR 496,767
January 13, 2026	21,307		EUR 26.46	EUR 563,694
January 14, 2026	22,657		EUR 26.72	EUR 605,370
Total	109,211		EUR 25.94	EUR 2,833,279

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 02 & 03 - January 8 to January 14, 2026

FAQ

How much has SBM Offshore (SBFFF) spent on the buyback through Jan 14, 2026?

SBM Offshore has cumulatively spent EUR122,422,711 under the EUR141.19m program through Jan 14, 2026.

What percentage of the SBFFF repurchase program was completed by Jan 14, 2026?

The repurchase program was 86.71% complete as of Jan 14, 2026.

How many SBFFF shares were repurchased during Jan 8–14, 2026 and at what cost?

SBM Offshore repurchased 109,211 shares from Jan 8–14, 2026 for a total of EUR2,833,279 (avg price EUR25.94).

What is the cumulative average repurchase price for SBFFF shares under the program?

The cumulative average repurchase price is EUR22.03 per share.

What are the stated objectives of SBM Offshore's EUR141m buyback program?

The company said the program aims to reduce share capital and provide shares for management and employee plans.

When did the SBFFF share repurchase program start and when was it announced?

The program was announced on Feb 20, 2025 and effective from Apr 24, 2025.