Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reports weekly details for its EUR227 million share repurchase program for March 26–April 1, 2026. As of April 1, 2026 the program is 9.49% complete with cumulative repurchases of EUR21,503,977 for 650,336 shares at an average price of EUR33.07.

Last five trading days totaled 129,185 shares bought at an average EUR34.68 for EUR4,479,897. Purchases executed on Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe.

Positive

• Program size: EUR227 million autorizado
• Cumulative repurchases: EUR21.50 million
• Cumulative quantity repurchased: 650,336 shares
• Program progress: 9.49% completed as of April 1, 2026

Negative

• Program remaining value: ~EUR205 million unspent
• Average buy price this week EUR34.68, above cumulative EUR33.07

Key Figures

Buyback program size: EUR 227 million USD equivalent: US$270 million Cumulative repurchase amount: EUR 21,503,977 +5 more

8 metrics

Buyback program size EUR 227 million Current share repurchase program announced Feb 26, 2026

USD equivalent US$270 million Based on EUR/US$ forward rate on Feb 18, 2026

Cumulative repurchase amount EUR 21,503,977 Total spent from Feb 27, 2026 through Apr 1, 2026

Cumulative shares repurchased 650,336 shares Total quantity repurchased under current program to Apr 1, 2026

Cumulative average price EUR 33.07 Average repurchase price under current program

Program completion 9.49% Percentage of EUR 227 million program completed as of Apr 1, 2026

Last 5 days shares 129,185 shares Total repurchased Mar 26–Apr 1, 2026

Last 5 days settlement EUR 4,479,897 Total settlement amount Mar 26–Apr 1, 2026

Market Reality Check

Price: $40.16 Vol: Volume 196 is well below ...

low vol

$40.16 Last Close

Volume Volume 196 is well below 20-day average 2,336 (relative volume 0.08x). low

Technical Price 39.98 is trading above 200-day MA at 21.26 ahead of this buyback update.

Peers on Argus

SBFFY is up 2.51% while key peers like SBFFF (-5.92%), TOLWF (-3.34%) and MTTRF ...

SBFFY is up 2.51% while key peers like SBFFF (-5.92%), TOLWF (-3.34%) and MTTRF (-0.88%) are down, indicating a stock-specific reaction to the buyback update rather than a sector move.

Previous Buybacks Reports

5 past events · Latest: Mar 11 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 11	Share buyback update	Positive	+7.9%	Detailed progress on new EUR227 million share repurchase program.
Mar 04	Share buyback update	Positive	+0.1%	Launch-phase disclosure of EUR227 million buyback execution metrics.
Feb 25	Share buyback update	Positive	+0.0%	Near-completion status of prior EUR141 million repurchase program.
Feb 18	Share buyback update	Positive	+2.3%	High completion percentage and remaining balance on EUR141 million program.
Feb 11	Share buyback update	Positive	+1.1%	Update showing over 95% completion of existing buyback authorization.

Pattern Detected

Recent buyback updates have typically coincided with modestly positive or flat price moves, with an average move of about 2.26%, suggesting investors often view these repurchases constructively.

Recent Company History

Over the last several months, SBM Offshore has issued a series of weekly share repurchase updates, transitioning from a EUR141 million program (largely completed by Feb 25, 2026) to a larger EUR227 million program starting Feb 27, 2026. These releases detail steady execution, rising cumulative shares repurchased, and increasing completion percentages. Price responses have generally been modestly positive or neutral, indicating that the market has treated these buyback disclosures as supportive but not transformational catalysts.

Historical Comparison

+2.3% avg move · In the past several months, SBM Offshore released 5 buyback updates tagged as ‘buybacks’ with an ave...

buybacks

+2.3%

Average Historical Move buybacks

In the past several months, SBM Offshore released 5 buyback updates tagged as ‘buybacks’ with an average move of 2.26%. Today’s 2.51% gain fits well within that historical pattern of modestly positive reactions.

The sequence of buyback releases shows progression from a nearly completed EUR141 million program to initiation and ramp-up of a larger EUR227 million repurchase, with regular updates on execution and completion percentages.

Market Pulse Summary

This announcement provides a detailed update on SBM Offshore’s EUR227 million share repurchase progr...

Analysis

This announcement provides a detailed update on SBM Offshore’s EUR227 million share repurchase program, including cumulative amounts, average prices and completion level of 9.49%. Historically, similar buyback disclosures have produced modestly positive or flat moves, suggesting investors view them as supportive but routine. Key items to monitor are ongoing execution pace, future program adjustments, and how upcoming events on the financial calendar may influence capital allocation priorities.

Key Terms

share repurchase program, Market Abuse Regulation, forward-looking statements, alternative performance measures, +3 more

7 terms

share repurchase program financial

"SBM Offshore reports the transaction details related to its EUR227 million (US$270 million1) 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..."

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.

APMs financial

"This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines..."

APMs (alternative performance measures) are company-reported financial metrics that adjust or add to standard accounting figures—examples include "adjusted" profit, underlying earnings, or free cash flow excluding one-off items. They matter to investors because they show how management believes the business performs after removing items it views as unusual, much like a chef describing a recipe without optional garnishes; used carefully they can clarify trends, but they can also make comparisons harder.

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 regulatory

"alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS."

The European Securities and Markets Authority (ESMA) is the EU agency that sets rules and supervises fairness and transparency for financial markets across Europe. Think of it as a referee and rule-maker who aims to protect investors, reduce market abuse, and ensure companies and exchanges follow consistent standards; its guidance can affect trading rules, disclosure requirements, and investor confidence, which in turn can influence stock prices and capital flows.

AI-generated analysis. Not financial advice.

Amsterdam, April 1, 2026

SBM Offshore reports the transaction details related to its EUR227 million (US$270 million¹) share repurchase program for the period March 26, 2026 through April 1, 2026.

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 1, 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 21,503,977
Cumulative Quantity Repurchased				650,336
Cumulative Average Repurchase Price				EUR 33.07
Start Date				February 27, 2026
Percentage of program completed as of April 1, 2026				9.49%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
March 26, 2026	25,602		EUR 35.00	EUR 895,975
March 27, 2026	25,750		EUR 34.80	EUR 895,994
March 30, 2026	25,998		EUR 34.46	EUR 895,979
March 31, 2026	25,897		EUR 34.60	EUR 895,971
April 1, 2026	25,938		EUR 34.54	EUR 895,976
Total	129,185		EUR 34.68	EUR 4,479,897

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.

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¹ Based on the EUR/US$ forward exchange rate on February 18, 2026.

Attachment

• Press Release Week 13 & 14 - March 26 to April 1, 2026

FAQ

How much of the EUR227 million SBFFF buyback program was completed by April 1, 2026?

About 9.49% of the EUR227 million program was completed by April 1, 2026. According to the company, cumulative repurchases reached EUR21,503,977, representing 650,336 shares bought since the program started on February 27, 2026.

What were SBFFF's share repurchases for the week March 26–April 1, 2026?

129,185 shares were repurchased during March 26–April 1, 2026 for EUR4,479,897. According to the company, the five trading days averaged EUR34.68 per share and settlements were executed across multiple European venues.

What is SBFFF's cumulative average repurchase price as of April 1, 2026?

The cumulative average repurchase price stood at EUR33.07 per share as of April 1, 2026. According to the company, this reflects all repurchases since the program start date of February 27, 2026, totaling 650,336 shares.

Where did SBFFF execute the share repurchases reported April 1, 2026?

Repurchases were executed on Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe. According to the company, these venues were used for all transactions during the reported period to complete the weekly purchases.

What is the purpose of SBFFF's EUR227 million share repurchase program announced February 26, 2026?

The program aims to reduce share capital and supply shares for management and employee plans. According to the company, the buyback started February 27, 2026 and is being executed progressively under market rules and disclosure requirements.