Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reported share repurchase transaction details for Feb 5–11, 2026 under its EUR141 million repurchase program effective Apr 24, 2025. As of Feb 11, 2026 cumulative repurchases totaled EUR134,412,588 for 5,959,875 shares (cumulative average price EUR22.55), with the program 95.20% completed.

During Feb 5–11 the company bought 107,955 shares for EUR3,178,082 (avg price EUR29.44) on Euronext Amsterdam, CBOE DXE and Turquoise.

Positive

• Repurchase program sized at EUR141,189,019, signaling substantial capital return intent
• Cumulative repurchases of EUR134,412,588 for 5,959,875 shares (avg price EUR22.55)
• Program 95.20% completed as of Feb 11, 2026, indicating near-fulfillment of announced authorization
• Last five trading days purchases: 107,955 shares for EUR3,178,082 (avg EUR29.44)

Negative

• Program also supplies shares for management and employee plans, which may reduce net share capital reduction effect
• Significant cash deployed (EUR134.4m repurchased) represents committed liquidity use through Feb 11, 2026

News Market Reaction

+1.08%

1 alert

+1.08% News Effect

On the day this news was published, SBFFY gained 1.08%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Program size: EUR 141 million Total repurchase amount: EUR 141,189,019 Cumulative repurchase amount: EUR 134,412,588 +5 more

8 metrics

Program size EUR 141 million Current share repurchase program

Total repurchase amount EUR 141,189,019 Overall program capacity

Cumulative repurchase amount EUR 134,412,588 Through February 11, 2026

Cumulative shares repurchased 5,959,875 Program-to-date quantity

Average repurchase price EUR 22.55 Cumulative program average

Program completion 95.20% Completion as of February 11, 2026

Last 5 days quantity 107,955 shares Repurchased February 5–11, 2026

Last 5 days settlement EUR 3,178,082 Total spend February 5–11, 2026

Market Reality Check

Price: $35.45 Vol: Volume 1,400 is 19% above...

normal vol

$35.45 Last Close

Volume Volume 1,400 is 19% above the 20-day average of 1,181. normal

Technical Price at 34.50 is trading above the 200-day MA of 16.12, near the 52-week high.

Peers on Argus

SBFFF is up 0.15% while close peer SBFFY is down 2.06%. Other peers show mixed m...

SBFFF is up 0.15% while close peer SBFFY is down 2.06%. Other peers show mixed moves (e.g., WYGPY up 4.97%, TOLWF down 1.5%), indicating a stock-specific rather than broad sector move.

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%	Update on EUR130m buyback execution and trading venue details.
Jan 29	Buyback update	Positive	-2.5%	Progress report showing 77.62% completion of EUR130m program.
Sep 04	Buyback update	Positive	+0.0%	Mid-program metrics on shares, spend and 35.03% completion.
Aug 28	Buyback update	Positive	+0.0%	Update on 32.68% completion and recent repurchase activity.
Aug 21	Buyback update	Positive	+0.0%	Disclosure of 30.83% completion and cumulative buyback spend.

Pattern Detected

Prior buyback updates have typically seen flat to slightly negative next-day moves despite shareholder-friendly messaging.

Recent Company History

Recent news flow for SBM Offshore has focused on recurring buyback updates. Earlier programs totaling EUR130 million showed steady execution, with detailed disclosures on shares repurchased, cumulative spend, and completion percentages. Price reactions around these updates ranged from flat to modest declines (down as much as 2.53%). Today’s update continues this pattern of transparent reporting on capital return and employee share provisioning under a larger EUR141 million program.

Historical Comparison

-1.0% avg move · In the past buyback-related releases, SBM Offshore showed an average next-day move of -0.98%, with r...

buybacks

-1.0%

Average Historical Move buybacks

In the past buyback-related releases, SBM Offshore showed an average next-day move of -0.98%, with reactions often flat to slightly negative around similar program updates.

Buyback communications progressed from a EUR130 million program with stepwise completion updates to the current, larger EUR141 million repurchase framework, maintaining consistent disclosure on cumulative amounts and shares retired.

Market Pulse Summary

This announcement details ongoing execution of a EUR141 million share repurchase program, with 95.20...

Analysis

This announcement details ongoing execution of a EUR141 million share repurchase program, with 95.20% completed and 5,959,875 shares already bought at an average EUR22.55. Prior buyback updates have produced modest average moves of -0.98%. Investors may focus on how future earnings dates, such as the February 26, 2026 full-year release, interact with capital return efforts and the stock’s position near its 52-week high.

Key Terms

share repurchase program, Market Abuse Regulation, alternative performance measures, IFRS

4 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

"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.

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.

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.

AI-generated analysis. Not financial advice.

Amsterdam, February 11, 2026

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period February 5, 2026 through February 11, 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 February 11, 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 134,412,588
Cumulative Quantity Repurchased				5,959,875
Cumulative Average Repurchase Price				EUR 22.55
Start Date				April 24, 2025
Percentage of program completed as of February 11, 2026				95.20%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
February 5, 2026	25,696		EUR 29.29	EUR 752,744
February 6, 2026	20,375		EUR 29.29	EUR 596,710
February 9, 2026	20,880		EUR 29.45	EUR 614,885
February 10, 2026	20,721		EUR 29.66	EUR 614,618
February 11, 2026	20,283		EUR 29.54	EUR 599,125
Total	107,955		EUR 29.44	EUR 3,178,082

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.

---

¹ Based on the foreign exchange rate on February 20, 2025

Attachment

• Press Release Week 06 & 07 - February 5 to February 11, 2026

FAQ

How much has SBM Offshore (SBFFF) repurchased under the EUR141 million program as of Feb 11, 2026?

SBM Offshore has repurchased EUR134,412,588 worth of shares as of Feb 11, 2026. According to the company, those purchases equal 5,959,875 shares with a cumulative average repurchase price of EUR22.55.

What portion of SBM Offshore's (SBFFF) EUR141 million buyback was completed by Feb 11, 2026?

The buyback is 95.20% completed as of Feb 11, 2026. According to the company, this percentage reflects cumulative transactions from the program start on April 24, 2025 through Feb 11, 2026.

How many shares did SBM Offshore (SBFFF) buy during Feb 5–11, 2026 and at what total cost?

SBM Offshore purchased 107,955 shares during Feb 5–11, 2026 for a total of EUR3,178,082. According to the company, the average purchase price over those days was EUR29.44.

What exchanges did SBM Offshore (SBFFF) use for its Feb 2026 repurchases?

Purchases were executed on Euronext Amsterdam, CBOE DXE and Turquoise. According to the company, all shares reported in the release were bought via these listed trading venues.

Why is SBM Offshore (SBFFF) conducting the EUR141 million repurchase program?

The program aims to reduce share capital and to provide shares for management and employee share programs. According to the company, both objectives are stated as the program's official purposes.