Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (SBFFF) reports weekly transactions under its EUR227 million share repurchase program for April 16–22, 2026. As of April 22, 2026 the program is 14.63% complete with EUR33,151,719 spent to buy 977,243 shares at a cumulative average price of EUR33.92.
During April 16–22 the company repurchased 128,973 shares for EUR4,479,896 across Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe.
Positive
- Share repurchase program size: EUR227 million
- Program completion: 14.63% as of April 22, 2026
- Cumulative purchases: 977,243 shares totaling EUR33,151,719
- Weekly repurchases (Apr 16–22): 128,973 shares for EUR4,479,896
Negative
- Cumulative cash outflow to date: EUR33,151,719
- Program still incomplete: 85.37% of authorization remains
News Market Reaction – SBFFY
On the day this news was published, SBFFY gained 0.07%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SBFFY fell 1.99% while key peers were mixed: WYGPY up 4.6%, AKRYY up 5%, TOLWF slightly positive and MTTRF down 0.95%, pointing to stock-specific trading rather than a broad sector move.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Buyback progress update | Positive | -5.1% | Program reached 12.65% completion with EUR28.7M spent on 848,270 shares. |
| Apr 08 | Buyback progress update | Positive | +0.7% | Weekly repurchase of 75,388 shares for EUR2.69M; program 10.67% complete. |
| Apr 01 | Buyback progress update | Positive | +0.5% | Cumulative EUR21.50M spent on 650,336 shares; program 9.49% complete. |
| Mar 11 | Buyback progress update | Positive | +7.9% | Program 3.56% complete after 140,709 shares bought for EUR4.48M that week. |
| Mar 04 | Buyback launch week | Positive | +0.1% | Initial 113,012 shares repurchased for EUR3.58M, representing 1.58% of program. |
Buyback updates have generally coincided with small positive moves, with one notable negative reaction.
This announcement continues a series of weekly updates on SBM Offshore’s EUR227 million share repurchase program that began on February 27, 2026. Prior buyback releases showed gradual progress, from 1.58% completion in early March to over 12% by mid-April, with cumulative repurchases steadily increasing. Market reactions to these buyback updates have mostly been mildly positive, though the April 15 release saw a sharper negative move. Alongside this, the company recently confirmed AGM resolutions and a cash dividend.
Historical Comparison
Past buyback updates for SBM Offshore produced an average move of 0.81%. This week’s buyback progress fits into that ongoing capital return pattern, even as price action differed.
Buyback updates show steady progression from 1.58% program completion in early March to 14.63% as of April 22, 2026, with rising cumulative repurchase amounts.
Market Pulse Summary
This announcement details further execution of SBM Offshore’s EUR227 million share repurchase program, now 14.63% complete with 977,243 shares bought at an average of EUR33.92. It reinforces a consistent capital return pattern seen in earlier weekly updates. Investors may focus on the remaining capacity, upcoming dates on the 2026 financial calendar, and how future disclosures interact with this ongoing buyback activity.
Key Terms
Market Abuse Regulation regulatory
IFRS financial
alternative performance measures financial
AI-generated analysis. Not financial advice.
Amsterdam, April 22, 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 22, 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 33,151,719 | |||||
| Cumulative Quantity Repurchased | 977,243 | |||||
| Cumulative Average Repurchase Price | EUR 33.92 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of April 22, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| April 16, 2026 | 25,470 | EUR 35.18 | EUR 895,984 | |||
| April 17, 2026 | 25,994 | EUR 34.47 | EUR 895,969 | |||
| April 20, 2026 | 26,098 | EUR 34.33 | EUR 895,973 | |||
| April 21, 2026 | 25,990 | EUR 34.47 | EUR 895,977 | |||
| April 22, 2026 | 25,421 | EUR 35.25 | EUR 895,994 | |||
| Total | 128,973 | EUR 34.74 | EUR 4,479,896 | |||
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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