Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (OTC:SBFFF) reported weekly details of its EUR141.19 million share repurchase program for January 22–28, 2026. As of January 28, 2026 the program is 90.69% complete, with cumulative repurchases of EUR128,046,775 for 5,746,512 shares at an average of EUR22.28.

During January 22–28, 2026 the company repurchased 98,383 shares at an average price of EUR30.61 for a total settlement of EUR3,011,980. The program aims to reduce share capital and provide shares for management and employee plans.

Positive

• Program 90.69% complete as of January 28, 2026
• Cumulative repurchases EUR128,046,775 for 5,746,512 shares
• Program designed to reduce share capital and fund employee plans

Negative

• Remaining program balance EUR13,142,244 (~9.31% of EUR141.19m)
• Recent average purchase price EUR30.61 exceeds cumulative average EUR22.28

Key Figures

Program size: EUR 141 million Total repurchase amount: EUR 141,189,019 Cumulative repurchase amount: EUR 128,046,775 +5 more

8 metrics

Program size EUR 141 million Current share repurchase program reference amount

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

Cumulative repurchase amount EUR 128,046,775 Spent on buybacks through January 28, 2026

Cumulative shares repurchased 5,746,512 Total quantity repurchased under current program

Cumulative avg repurchase price EUR 22.28 Average price paid across all shares repurchased

Program completion 90.69% Percentage of program completed as of Jan 28, 2026

Last 5 days quantity 98,383 shares Repurchased Jan 22–28, 2026

Last 5 days settlement EUR 3,011,980 Total amount spent Jan 22–28, 2026

Market Reality Check

Price: $35.45 Vol: Volume 500 vs 20-day aver...

low vol

$35.45 Last Close

Volume Volume 500 vs 20-day average 1171 (relative volume 0.43x), indicating subdued trading activity. low

Technical Price 26.85 trades above 200-day MA at 15.91, keeping the longer-term trend constructive despite the latest pullback.

Peers on Argus

While SBFFF declined 5.06%, key peers like SBFFY (+0.22%), WYGPY (+1.61%), and T...

While SBFFF declined 5.06%, key peers like SBFFY (+0.22%), WYGPY (+1.61%), and TOLWF (+0.10%) were modestly higher, pointing to a stock-specific move rather than a sector-wide shift.

Previous Buybacks Reports

5 past events · Latest: Mar 19 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 19	Buyback update	Positive	-2.4%	Progress report on EUR130 million share repurchase execution and venues.
Jan 29	Buyback update	Positive	-2.5%	Weekly update showing 77.62% of EUR130 million program completed.
Sep 04	Buyback update	Positive	+0.0%	Disclosure of EUR45.54M spent and 35.03% completion of buybacks.
Aug 28	Buyback update	Positive	+0.0%	Update on repurchases and average prices under expanded EUR130M program.
Aug 21	Buyback update	Positive	+0.0%	Details on 30.83% completion and cumulative buyback metrics.

Pattern Detected

Buyback updates have typically produced flat to mildly negative next-day moves, suggesting limited near-term trading impact from these routine disclosures.

Recent Company History

Recent SBM Offshore updates with the buybacks tag show a consistent pattern of routine program progress reports. Since August 2024, the company has regularly detailed its EUR130 million repurchase plan, highlighting objectives to reduce share capital and supply employee programs. Price reactions have mostly been flat or slightly negative. Today’s update extends this history, now reflecting the larger EUR141 million program and higher average repurchase prices as execution advances.

Historical Comparison

+1.0% avg move · Past buyback updates moved the stock an average of 0.98%. Today’s -5.06% reaction to another routine...

buybacks

+1.0%

Average Historical Move buybacks

Past buyback updates moved the stock an average of 0.98%. Today’s -5.06% reaction to another routine repurchase progress report appears notably larger and more negative than prior similar disclosures.

The company has moved from a EUR130 million repurchase framework in 2024–2025 updates to executing a EUR141 million program, steadily increasing cumulative amounts and completion percentages over time.

Market Pulse Summary

This announcement details continued execution of SBM Offshore’s EUR 141 million share repurchase pro...

Analysis

This announcement details continued execution of SBM Offshore’s EUR 141 million share repurchase program, with EUR 128,046,775 spent and 90.69% completed as of January 28, 2026. The program reduces share capital and supplies stock for management and employee plans. Historically, similar buybacks updates have produced only modest price moves. Investors may watch upcoming events like the February 26, 2026 full-year earnings and subsequent trading updates for broader strategic and financial signals.

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 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..."

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 guidelines regulatory

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

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 28, 2026

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period January 22, 2026 through January 28, 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 28, 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 128,046,775
Cumulative Quantity Repurchased				5,746,512
Cumulative Average Repurchase Price				EUR 22.28
Start Date				April 24, 2025
Percentage of program completed as of January 28, 2026				90.69%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
January 22, 2026	17,402		EUR 29.92	EUR 520,703
January 23, 2026	18,625		EUR 30.60	EUR 569,919
January 26, 2026	20,764		EUR 30.58	EUR 634,893
January 27, 2026	20,849		EUR 30.89	EUR 644,071
January 28, 2026	20,743		EUR 30.97	EUR 642,394
Total	98,383		EUR 30.61	EUR 3,011,980

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 04 & 05 - January 22 to January 28, 2026

FAQ

How much has SBM Offshore (SBFFF) repurchased under the EUR141.19m program as of January 28, 2026?

As of January 28, 2026 SBM Offshore repurchased EUR128,046,775 worth of shares, totaling 5,746,512 shares. According to the company, this represents 90.69% completion of the EUR141.19 million program announced in February 2025.

What were SBM Offshore’s (SBFFF) repurchases during January 22–28, 2026 and the total cost?

During January 22–28, 2026 SBM Offshore repurchased 98,383 shares at an average price of EUR30.61, costing EUR3,011,980 in total. According to the company, these trades were executed on Euronext Amsterdam, CBOE DXE and Turquoise.

What is the stated purpose of SBM Offshore’s (SBFFF) share repurchase program?

The program’s objective is to reduce share capital and to provide shares for regular management and employee share programs. According to the company, the program began April 24, 2025 and is intended to support capital structure and employee incentives.

How much of SBM Offshore’s (SBFFF) EUR141.19m buyback remains unspent after January 28, 2026?

After January 28, 2026 approximately EUR13,142,244 remains available under the EUR141.19 million program, or about 9.31% of the total. According to the company, the program had reached 90.69% completion by that date.

How do recent repurchase prices compare to SBM Offshore’s (SBFFF) cumulative average price?

Recent purchases averaged EUR30.61 between January 22–28, 2026, which is higher than the cumulative average repurchase price of EUR22.28. According to the company, this raises the recent per-share cost relative to earlier repurchases.