Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (SBFFF) reported weekly details of its EUR227 million (US$270 million) share repurchase program for May 21–27, 2026. The program aims to reduce share capital and supply shares for management and employee plans.
As of May 27, 2026, EUR54.7 million has been spent to repurchase 1,581,278 shares at an average EUR34.56, representing 24.12% of the program. In the last five trading days, 129,546 shares were bought for EUR4.48 million at an average EUR34.58.
AI-generated analysis. Not financial advice.
Positive
- EUR227 million authorized share repurchase program supports capital reduction and share plans
- Cumulative repurchases of EUR54.7 million across 1,581,278 shares at EUR34.56
- Program 24.12% complete by May 27, 2026, indicating ongoing execution
- Last 5 trading days added 129,546 shares for EUR4.48 million
- All buybacks executed on major European venues, including Euronext Amsterdam
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
SBFFY fell 1.26% while peers AKRYY and TOLWF rose 3.6% and 0.88%, with others flat, pointing to stock-specific dynamics rather than a sector-wide move.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 13 | Buyback progress update | Positive | -2.8% | Reported 20.16% completion of EUR227m repurchase as of May 13. |
| May 06 | Buyback progress update | Positive | +0.1% | Disclosed 18.19% completion with EUR41.2m spent on 1.20m shares. |
| Apr 22 | Buyback progress update | Positive | +0.1% | Highlighted 14.63% completion and 977,243 shares cumulatively bought. |
| Apr 15 | Buyback progress update | Positive | -5.1% | Reported 12.65% completion with 848,270 shares repurchased to date. |
| Apr 08 | Buyback progress update | Positive | +0.7% | Announced 10.67% completion since Feb 27 start of EUR227m program. |
Recent buyback updates often saw modest moves, with a mix of small gains and declines, suggesting limited but sometimes negative price follow‑through to these announcements.
Over recent months SBM Offshore has issued recurring updates on its EUR227 million share repurchase program. Cumulative completion progressed from 10.67% on April 8 to 20.16% by May 13, with steady weekly repurchases across multiple European venues. Price reactions around these buyback disclosures ranged from mild gains to notable declines, indicating that while the program is sizeable and ongoing, markets have not consistently rewarded these updates in the short term.
Historical Comparison
In the past two months, SBM Offshore issued five buyback updates tagged as buybacks, with an average next‑day move of -1.4%, showing typically modest, often slightly negative, reactions.
Buyback updates show steady execution of the EUR227 million program, with completion rising from 10.67% in early April to over 20% by mid‑May.
Market Pulse Summary
This announcement details continued execution of SBM Offshore’s EUR227 million share repurchase program, with 24.12% completed and 1,581,278 shares bought at an average of EUR 34.56. Historical buyback updates have produced only modest price moves on average, suggesting limited immediate re‑rating from these disclosures alone. Investors may focus on ongoing program progress, upcoming dates in the financial calendar, and how repurchases interact with dividends and broader capital allocation.
Key Terms
Market Abuse Regulation regulatory
forward-looking statements regulatory
alternative performance measures financial
ESMA guidelines regulatory
IFRS financial
AI-generated analysis. Not financial advice.
Amsterdam, May 27, 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 May 27, 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 54,655,364 | |||||
| Cumulative Quantity Repurchased | 1,581,278 | |||||
| Cumulative Average Repurchase Price | EUR 34.56 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of May 27, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| May 21, 2026 | 25,483 | EUR 35.16 | EUR 895,998 | |||
| May 22, 2026 | 25,697 | EUR 34.87 | EUR 895,970 | |||
| May 25, 2026 | 25,897 | EUR 34.60 | EUR 895,984 | |||
| May 26, 2026 | 25,836 | EUR 34.68 | EUR 895,972 | |||
| May 27, 2026 | 26,633 | EUR 33.64 | EUR 895,969 | |||
| Total | 129,546 | EUR 34.58 | EUR 4,479,892 | |||
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 | |
| 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 | |
| First Quarter 2027 Trading Update | May 5 | 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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