Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (SBFFF) reported weekly details of its EUR227 million share repurchase program for April 9–15, 2026. As of April 15, 2026 the program is 12.65% complete, with cumulative repurchases of EUR28,671,823 for 848,270 shares at an average price of EUR33.80.
During April 9–15 the company repurchased 122,546 shares for EUR4,479,916 (average purchase price EUR36.56). Repurchases were executed on Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe.
Positive
- Large authorized buyback program of EUR227 million
- Cumulative repurchases of EUR28.67 million (848,270 shares)
- 12.65% of the program completed as of April 15, 2026
- Weekly repurchases of 122,546 shares (EUR4.48 million)
Negative
- Average repurchase price this period was relatively high at EUR36.56
- Program progress still limited: 87.35% of authorization remains
News Market Reaction – SBFFY
On the day this news was published, SBFFY declined 5.07%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SBFFY is up 0.81% while key peers SBFFF and TOLWF show declines of -5.92% and -5.59%, indicating a stock-specific move rather than a sector-wide trend.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 08 | Buyback progress update | Positive | +0.7% | Weekly details on EUR227 million share repurchase and cumulative progress. |
| Apr 01 | Buyback progress update | Positive | +0.5% | Update on EUR227 million buyback, 9.49% completion and recent trading data. |
| Mar 11 | Buyback progress update | Positive | +7.9% | Weekly progress with 3.56% of EUR227 million buyback completed. |
| Mar 04 | Buyback progress update | Positive | +0.1% | Initial EUR227 million program details and early repurchase activity disclosed. |
| Feb 25 | Prior buyback completion | Positive | +0.0% | Status of EUR141 million program at 99.60% completion with cumulative metrics. |
Buyback updates have generally coincided with mild positive price reactions, with one notably stronger move in March.
Recent news flow has been dominated by weekly updates on SBM Offshore’s EUR227 million and prior EUR141 million share repurchase programs. Since late February, disclosures have highlighted steady progress, rising completion percentages, and consistent execution across European trading venues. These buyback releases have typically produced modest positive moves (e.g., 0.71%, 0.45%) with one stronger reaction of 7.89%. Today’s update continues this pattern of incremental transparency on capital return activity.
Historical Comparison
In the past few months, SBM Offshore has issued multiple buyback updates tagged as 'buybacks', with an average subsequent move of 1.82%. Today’s disclosure fits this ongoing pattern of incremental, program-progress communication.
History shows transition from a nearly completed EUR141 million buyback (99.60% done at EUR 140,627,662 for 6,161,335 shares, average EUR 22.82) to a new EUR227 million program, with completion steadily rising through March and April.
Market Pulse Summary
The stock moved -5.1% in the session following this news. A negative reaction despite continued buyback activity would contrast with earlier updates that showed average moves of 1.82% following similar announcements. Such a decline could reflect changing market perceptions of capital allocation or broader risk-off conditions in the sector. Given the stock’s elevated level above its 200-day moving average, any disappointment around future repurchase pace could have an outsized impact.
Key Terms
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AI-generated analysis. Not financial advice.
Amsterdam, April 15, 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 15, 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 28,671,823 | |||||
| Cumulative Quantity Repurchased | 848,270 | |||||
| Cumulative Average Repurchase Price | EUR 33.80 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of April 15, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| April 9, 2026 | 24,439 | EUR 36.66 | EUR 895,990 | |||
| April 10, 2026 | 24,316 | EUR 36.85 | EUR 895,974 | |||
| April 13, 2026 | 24,140 | EUR 37.12 | EUR 895,978 | |||
| April 14, 2026 | 24,392 | EUR 36.73 | EUR 895,979 | |||
| April 15, 2026 | 25,259 | EUR 35.47 | EUR 895,995 | |||
| Total | 122,546 | EUR 36.56 | EUR 4,479,916 | |||
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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