Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reports weekly share repurchase details for Feb 12–18, 2026 under its EUR141 million program effective Apr 24, 2025. As of Feb 18, 2026 the program is 97.34% complete with EUR137,438,165 spent to buy 6,059,520 shares at a cumulative average price of EUR22.68.

During Feb 12–18, 2026 the company repurchased 99,645 shares for EUR3,025,576 (avg price EUR30.36). Remaining program balance: EUR3,750,854.

Positive

• Program 97.34% complete as of Feb 18, 2026
• Cumulative repurchases of EUR137,438,165
• Total 6,059,520 shares repurchased since Apr 24, 2025
• Week repurchases: 99,645 shares for EUR3,025,576

Negative

• Remaining program balance of EUR3,750,854
• Repurchases spent EUR137,438,165 cash under the program

Key Figures

Buyback program size: EUR 141 million Total Repurchase Amount: EUR 141,189,019 Cumulative Repurchase Amount: EUR 137,438,165 +5 more

8 metrics

Buyback program size EUR 141 million Current share repurchase program headline amount

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

Cumulative Repurchase Amount EUR 137,438,165 Total spent on buybacks through Feb 18, 2026

Cumulative Quantity Repurchased 6,059,520 shares Shares bought back through Feb 18, 2026

Cumulative Average Price EUR 22.68 Average repurchase price for program to date

Program completion 97.34% Percentage of buyback program completed as of Feb 18, 2026

Last 5 days quantity 99,645 shares Shares repurchased Feb 12–18, 2026

Last 5 days amount EUR 3,025,576 Settlement amount for repurchases Feb 12–18, 2026

Market Reality Check

Price: $34.50 Vol: Volume 1400 vs 20-day ave...

normal vol

$34.50 Last Close

Volume Volume 1400 vs 20-day average 1181 (1.19x average activity). normal

Technical Price 34.5 is trading above 200-day MA of 16.12.

Peers on Argus

SBFFF shows a modest 0.15% gain with buyback news. Key peer WYGPY is up 3.65%, w...

SBFFF shows a modest 0.15% gain with buyback news. Key peer WYGPY is up 3.65%, while TOLWF is down 0.34% and other close peers are flat, indicating stock-specific factors rather than a unified sector move.

Previous Buybacks Reports

5 past events · Latest: Mar 19 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 19	Buyback progress update	Positive	-2.4%	Detailed weekly progress on EUR130M buyback, including venues and execution data.
Jan 29	Buyback progress update	Positive	-2.5%	Update showing 77.62% of EUR130M repurchase completed with share count details.
Sep 04	Buyback progress update	Positive	+0.0%	Disclosure of cumulative shares, spend and 35.03% completion of buyback.
Aug 28	Buyback progress update	Positive	+0.0%	Weekly data on repurchases and progress toward completing EUR130M program.
Aug 21	Buyback progress update	Positive	+0.0%	Report of 30.83% completion with cumulative spend and average price metrics.

Pattern Detected

Recent buyback updates have often been followed by flat to slightly negative next-day moves, suggesting limited immediate price impact despite shareholder-friendly actions.

Recent Company History

Across the last five buyback-tagged updates from Aug 2024 to Mar 2025, SBM Offshore consistently reported progress on a EUR130 million repurchase program aimed at reducing share capital and supplying employee plans. Completion moved from about one-third to over three-quarters of that program, yet 24-hour moves clustered around small declines. Today’s EUR141 million program update continues this capital return theme with a larger authorization and higher average repurchase prices.

Historical Comparison

-1.0% avg move · In past buyback updates, SBFFF moved on average -0.98% over 24 hours, indicating that similar repurc...

buybacks

-1.0%

Average Historical Move buybacks

In past buyback updates, SBFFF moved on average -0.98% over 24 hours, indicating that similar repurchase disclosures have typically seen muted to slightly negative immediate reactions.

Buyback communications progressed from a EUR130M program in 2024–2025 toward the current EUR141M authorization, maintaining the dual goals of capital reduction and funding employee share plans.

Market Pulse Summary

This announcement details substantial progress on a EUR141 million share repurchase program that has...

Analysis

This announcement details substantial progress on a EUR141 million share repurchase program that has reached 97.34% completion, with over 6 million shares bought back at an average of EUR 22.68. Historically, similar buyback updates around this name have produced modest next-day moves, averaging -0.98%. Investors may monitor future capital return guidance, upcoming earnings dates, and how buybacks interact with the company’s broader energy transition strategy.

Key Terms

share repurchase program, market abuse regulation, forward-looking statements, alternative performance measures, +1 more

5 terms

share repurchase program financial

"share repurchase program for the period February 12, 2026 through February 18"

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

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

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.

ifrs regulatory

"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.

AI-generated analysis. Not financial advice.

Amsterdam, February 18, 2026

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period February 12, 2026 through February 18, 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 18, 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 137,438,165
Cumulative Quantity Repurchased				6,059,520
Cumulative Average Repurchase Price				EUR 22.68
Start Date				April 24, 2025
Percentage of program completed as of February 18, 2026				97.34%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
February 12, 2026	20,384		EUR 30.25	EUR 616,624
February 13, 2026	20,640		EUR 29.85	EUR 616,147
February 16, 2026	18,385		EUR 30.34	EUR 557,869
February 17, 2026	20,458		EUR 30.45	EUR 622,985
February 18, 2026	19,778		EUR 30.94	EUR 611,951
Total	99,645		EUR 30.36	EUR 3,025,576

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 07 & 08 - February 12 to February 18, 2026

FAQ

How much has SBFFF spent on its EUR141 million buyback as of Feb 18, 2026?

SBFFF has spent EUR137,438,165 on the buyback as of Feb 18, 2026. According to the company, that represents 97.34% completion of the EUR141 million program launched Apr 24, 2025, leaving a remaining balance of EUR3,750,854.

How many SBFFF shares were repurchased during Feb 12–18, 2026 and at what cost?

SBFFF repurchased 99,645 shares during Feb 12–18, 2026 for a settlement amount of EUR3,025,576. According to the company, the average purchase price for that week was EUR30.36 across the five trading days listed.

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

The cumulative average repurchase price is EUR22.68 per share under the program. According to the company, that average reflects all repurchases from the program start date of Apr 24, 2025 through Feb 18, 2026.

What was the total program size and what remains of SBFFF's buyback program?

The total program size is EUR141,189,019 with EUR137,438,165 already repurchased. According to the company, the remaining unspent amount as of Feb 18, 2026 is EUR3,750,854, equal to roughly 2.66% of the program.

When did SBFFF's EUR141 million repurchase program begin and what is its objective?

The repurchase program began on Apr 24, 2025 and totals EUR141 million. According to the company, its objective is to reduce share capital and provide shares for regular management and employee share programs.

Where were SBFFF shares bought during the Feb 12–18, 2026 repurchase week?

Shares were purchased on Euronext Amsterdam, CBOE DXE and Turquoise during Feb 12–18, 2026. According to the company, all listed repurchases for that period were executed via those trading venues.