Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (OTC:SBFFF) reported weekly details of its EUR227 million share repurchase program for March 12–18, 2026. As of March 18, 2026 the program is 5.54% complete, with EUR 12,544,160 repurchased (389,479 shares) at a cumulative average price of EUR 32.21.
During March 12–18 the company repurchased 135,758 shares for a total settlement of EUR 4,480,299 (weekly average price EUR 33.00). Purchases were executed on Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe.
Positive
- Share repurchase program sized at EUR 227 million
- Program reduces share capital and supplies shares for employee plans
- Cumulative repurchased 389,479 shares at avg price EUR 32.21
- Week repurchases: 135,758 shares for EUR 4,480,299
Negative
- Program partially executed: only 5.54% complete as of March 18, 2026
- Cash outflow to date: EUR 12,544,160 spent on repurchases
Key Figures
Market Reality Check
Peers on Argus
SBFFY fell 0.61% while close peer SBFFF was flat and others showed mixed moves (WYGPY slightly down, TOLWF up, MTTRF down), pointing to a stock-specific reaction rather than a broad sector trend.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 11 | Share repurchase update | Positive | +7.9% | Weekly progress on EUR227 million share repurchase, 3.56% completed. |
| Mar 04 | Share repurchase update | Positive | +0.1% | Launch phase details of EUR227 million buyback, 1.58% of program executed. |
| Feb 25 | Share repurchase update | Positive | +0.0% | EUR141 million program reported 99.60% completion with large cumulative repurchases. |
| Feb 18 | Share repurchase update | Positive | +2.3% | EUR141 million program reached 97.34% completion with 6,059,520 shares bought. |
| Feb 11 | Share repurchase update | Positive | +1.1% | EUR141 million program was 95.20% completed with 5,959,875 shares repurchased. |
Recent buyback updates often coincided with flat to modestly positive price reactions, with one notably stronger positive move.
Over recent months SBM Offshore has issued recurring buyback updates, transitioning from a EUR141 million program (effective April 24, 2025) toward a new EUR227 million program starting February 27, 2026. These releases detail weekly share repurchases, cumulative amounts, and completion percentages. Historical 24-hour reactions around these buyback announcements ranged from 0% to 7.89% gains, suggesting the market has generally viewed the activity constructively but with varying intensity.
Historical Comparison
Recent SBM Offshore buyback updates under EUR141m and EUR227m programs saw an average 24h move of 2.26%, so this new weekly disclosure fits a pattern of incremental, moderately market-moving news.
Buyback communications show progression from near-completion of a EUR141 million program to early stages of a larger EUR227 million program, with regular weekly execution updates.
Market Pulse Summary
This announcement details weekly execution of SBM Offshore’s EUR227 million share repurchase program, including 389,479 shares bought at a cumulative average price of EUR 32.21 and 5.54% program completion by March 18, 2026. It follows a series of similar buyback updates and reiterates the objective of reducing share capital and supplying employee plans. Investors may watch future weekly disclosures and the 2026 financial calendar milestones for further signals on capital allocation and operating performance.
Key Terms
Market Abuse Regulation regulatory
inside information regulatory
forward-looking statements financial
alternative performance measures financial
IFRS regulatory
AI-generated analysis. Not financial advice.
Amsterdam, March 18, 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 March 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 226,633,158 | |||||
| Cumulative Repurchase Amount | EUR 12,544,160 | |||||
| Cumulative Quantity Repurchased | 389,479 | |||||
| Cumulative Average Repurchase Price | EUR 32.21 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of March 18, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| March 12, 2026 | 27,124 | EUR 33.05 | EUR 896,351 | |||
| March 13, 2026 | 27,230 | EUR 32.90 | EUR 895,998 | |||
| March 16, 2026 | 27,491 | EUR 32.59 | EUR 895,995 | |||
| March 17, 2026 | 27,092 | EUR 33.07 | EUR 895,978 | |||
| March 18, 2026 | 26,821 | EUR 33.41 | EUR 895,977 | |||
| Total | 135,758 | EUR 33.00 | EUR 4,480,299 | |||
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 | |
| 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 | |
| Full Year 2026 Earnings | February 18 | 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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