Weekly share repurchase program transaction details
Rhea-AI Summary
SBM Offshore (OTC:SBFFF) reported weekly details of its EUR227 million share repurchase program for April 2–8, 2026. For the week the company repurchased 75,388 shares for EUR 2,687,931 (average EUR 35.65).
Since program start (Feb 27, 2026) cumulative repurchases total EUR 24,191,908 across 725,724 shares, representing 10.67% complete of the program.
Positive
- Program size EUR 227,000,000
- Cumulative repurchases EUR 24,191,908
- Cumulative quantity repurchased 725,724 shares
- Weekly repurchases 75,388 shares (EUR 2,687,931)
Negative
- Only 10.67% of the EUR 227m program completed as of April 8, 2026
- Cumulative average repurchase price EUR 33.33 may affect remaining purchasing power
Key Figures
Market Reality Check
Peers on Argus
SBFFF up 3.88% while notable peers like WYGPY (-7.25%) and TOLWF (-0.78%) declined, pointing to stock-specific dynamics around the buyback update.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 04 | Buyback update | Positive | +0.1% | Reported progress on EUR141M repurchase program and recent weekly buybacks. |
| Jan 28 | Buyback update | Positive | +28.3% | Disclosed 90.69% completion of EUR141.19M share repurchase program. |
| Jan 21 | Buyback update | Positive | +28.3% | Detailed EUR141M program progress to 88.56% completion and weekly purchases. |
| Jan 14 | Buyback update | Positive | +28.3% | Announced EUR141M program at 86.71% completion with updated cumulative metrics. |
| Jan 07 | Buyback update | Positive | +28.3% | Provided early January status with 84.70% of EUR141M program completed. |
Recent buyback updates have generally coincided with positive 1-day price moves, including several large spikes, suggesting the market has often reacted favorably to this type of announcement.
Over the last months, SBM Offshore has issued recurring updates on its share repurchase program, such as the EUR141–141.19 million buyback launched in 2025 and regularly reported through Jan–Feb 2026. Those releases detailed cumulative repurchases above 84% of the program and often saw strong positive 1‑day moves, up to 28.31%. Today’s EUR227 million program update continues this pattern of capital return communication aimed at reducing share capital and servicing management and employee plans.
Historical Comparison
Past buyback updates (5 events) averaged a 22.68% 1‑day move. Today’s 3.88% gain is smaller but directionally consistent with that positive reaction pattern.
The company has moved from updating a EUR141M repurchase launched in 2025 to a new EUR227M program effective Feb 27, 2026, maintaining a consistent capital return approach aimed at share capital reduction and employee plans.
Market Pulse Summary
This announcement details progress on SBM Offshore’s EUR227 million share repurchase program, including 725,724 shares bought at a cumulative average price of EUR33.33 and 10.67% completion by April 8, 2026. Historically, similar buyback updates have coincided with positive price moves, but the program’s impact depends on broader fundamentals and upcoming disclosures such as the May 7, 2026 Q1 trading update and subsequent 2026 earnings releases.
Key Terms
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AI-generated analysis. Not financial advice.
Amsterdam, April 8, 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 8, 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 24,191,908 | |||||
| Cumulative Quantity Repurchased | 725,724 | |||||
| Cumulative Average Repurchase Price | EUR 33.33 | |||||
| Start Date | February 27, 2026 | |||||
| Percentage of program completed as of April 8, 2026 | ||||||
| Overview of details of last 5 trading days: | ||||||
| Trade Date | Quantity Repurchased | Average Purchase Price | Settlement Amount | |||
| April 2, 2026 | 25,375 | EUR 35.31 | EUR 895,968 | |||
| April 3, 2026 | Stock markets closed | |||||
| April 6, 2026 | Stock markets closed | |||||
| April 7, 2026 | 24,504 | EUR 36.56 | EUR 895,967 | |||
| April 8, 2026 | 25,509 | EUR 35.12 | EUR 895,996 | |||
| Total | 75,388 | EUR 35.65 | EUR 2,687,931 | |||
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 | |
| 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 | |
| Full Year 2026 Earnings | February 18 | 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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