Weekly share repurchase program transaction details
SBM Offshore (OTC:SBFFF) has provided an update on its ongoing EUR141 million (US$150 million) share repurchase program. For the period June 19-25, 2025, the company repurchased 148,226 shares at an average price of EUR22.78, totaling EUR3,376,146.
Since the program's inception on April 24, 2025, the company has repurchased 1,422,607 shares at an average price of EUR19.96, completing 20.11% of the total program. The buyback aims to reduce share capital and provide shares for management and employee share programs.
SBM Offshore (OTC:SBFFF) ha fornito un aggiornamento sul suo programma di riacquisto azionario in corso del valore di 141 milioni di euro (150 milioni di dollari USA). Nel periodo dal 19 al 25 giugno 2025, la società ha riacquistato 148.226 azioni a un prezzo medio di 22,78 euro, per un totale di 3.376.146 euro.
Dall'inizio del programma, il 24 aprile 2025, la società ha riacquistato 1.422.607 azioni a un prezzo medio di 19,96 euro, completando il 20,11% del programma totale. L'obiettivo del riacquisto è ridurre il capitale azionario e fornire azioni per i programmi di partecipazione di dirigenti e dipendenti.
SBM Offshore (OTC:SBFFF) ha proporcionado una actualización sobre su programa en curso de recompra de acciones por un valor de 141 millones de euros (150 millones de dólares estadounidenses). Durante el período del 19 al 25 de junio de 2025, la compañía recompró 148,226 acciones a un precio promedio de 22,78 euros, sumando un total de 3,376,146 euros.
Desde el inicio del programa el 24 de abril de 2025, la empresa ha recomprado 1,422,607 acciones a un precio promedio de 19,96 euros, completando el 20,11% del programa total. La recompra tiene como objetivo reducir el capital social y proporcionar acciones para los programas de participación de directivos y empleados.
SBM Offshore (OTC:SBFFF)는 진행 중인 1억 4,100만 유로(1억 5,000만 달러) 규모의 자사주 매입 프로그램에 대한 최신 정보를 제공했습니다. 2025년 6월 19일부터 25일까지 회사는 평균 가격 22.78유로에 148,226주를 매입하여 총 3,376,146유로를 지출했습니다.
2025년 4월 24일 프로그램 시작 이래 회사는 평균 가격 19.96유로에 1,422,607주를 매입하여 전체 프로그램의 20.11%를 완료했습니다. 이번 자사주 매입은 자본금을 줄이고 경영진 및 직원 주식 프로그램에 주식을 제공하기 위한 목적입니다.
SBM Offshore (OTC:SBFFF) a fourni une mise à jour de son programme de rachat d’actions en cours d’un montant de 141 millions d’euros (150 millions de dollars US). Pour la période du 19 au 25 juin 2025, la société a racheté 148 226 actions à un prix moyen de 22,78 euros, pour un total de 3 376 146 euros.
Depuis le début du programme le 24 avril 2025, la société a racheté 1 422 607 actions à un prix moyen de 19,96 euros, complétant ainsi 20,11% du programme total. Le rachat vise à réduire le capital social et à fournir des actions pour les programmes d’actionnariat des dirigeants et des employés.
SBM Offshore (OTC:SBFFF) hat ein Update zu seinem laufenden Aktienrückkaufprogramm in Höhe von 141 Millionen Euro (150 Millionen US-Dollar) veröffentlicht. Im Zeitraum vom 19. bis 25. Juni 2025 hat das Unternehmen 148.226 Aktien zu einem Durchschnittspreis von 22,78 Euro zurückgekauft, was einem Gesamtbetrag von 3.376.146 Euro entspricht.
Seit Beginn des Programms am 24. April 2025 hat das Unternehmen 1.422.607 Aktien zu einem Durchschnittspreis von 19,96 Euro zurückgekauft und damit 20,11% des Gesamtprogramms abgeschlossen. Ziel des Rückkaufs ist es, das Aktienkapital zu reduzieren und Aktien für Management- und Mitarbeiterbeteiligungsprogramme bereitzustellen.
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Amsterdam, June 25, 2025
SBM Offshore reports the transaction details related to its EUR141 million (c. US
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 June 25, 2025 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 28,396,631 | ||||||
| Cumulative Quantity Repurchased | 1,422,607 | ||||||
| Cumulative Average Repurchase Price | EUR 19.96 | ||||||
| Start Date | April 24, 2025 | ||||||
| Percentage of program completed as of June 25, 2025 | |||||||
| Overview of details of last 5 trading days: | |||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | ||||
| June 19, 2025 | 27,243 | EUR 23.18 | EUR 631,487 | ||||
| June 20, 2025 | 28,251 | EUR 23.18 | EUR 654,771 | ||||
| June 23, 2025 | 28,246 | EUR 22.98 | EUR 649,059 | ||||
| June 24, 2025 | 29,230 | EUR 22.44 | EUR 655,854 | ||||
| June 25, 2025 | 35,256 | EUR 22.27 | EUR 784,975 | ||||
| Total | 148,226 | EUR 22.78 | EUR 3,376,146 | ||||
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 | |
| Half Year 2025 Earnings | August 7 | 2025 | |
| Third Quarter 2025 Trading Update | November 13 | 2025 | |
| Full Year 2025 Earnings | February 26 | 2026 | |
| Annual General Meeting | April 15 | 2026 | |
| First Quarter 2026 Trading Update | May 7 | 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 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 ‘Impact, Risk and Opportunity Management’ section of the 2023 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 2024 report, available on our website https://www.sbmoffshore.com/investors/financial-disclosures.
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®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.
1 Based on the foreign exchange rate on February 20, 2025
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FAQ
What is the total value of SBFFF's share repurchase program announced in February 2025?
How many shares has SBFFF repurchased under the current program as of June 25, 2025?
What is the purpose of SBFFF's share repurchase program?
How many shares did SBFFF repurchase between June 19-25, 2025?
