SBM Offshore Repurchases 140,016 Shares in One Week as €227m Buyback Programme Nears Halfway Mark
By Udeme Akpan
SBM Offshore has repurchased 140,016 of its shares for approximately €4.48 million during the five trading days between July 30 and August 5, 2026, as the global offshore energy infrastructure company continues the execution of its €227 million share repurchase programme.
The company disclosed on Wednesday that the latest purchases were made under the buyback programme launched on February 27, 2026, with the objective of reducing its share capital while also providing shares for regular management and employee share schemes.
According to the company, a total of 2,968,735 shares have now been repurchased at an average price of €33.50 per share, representing a cumulative investment of €99.45 million.
The latest figures indicate that 43.88 per cent of the overall €227 million programme has been completed as of August 5, 2026.
During the reporting period, SBM Offshore acquired shares on Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe at an average purchase price of €32.00 per share.
The company bought 27,970 shares on July 30 at an average price of €32.03, followed by 27,720 shares on July 31 at €32.32. It repurchased 28,127 shares on August 3 at €31.85, 27,988 shares on August 4 at €32.01, and 28,211 shares on August 5 at €31.76.
Each day’s purchases amounted to approximately €896,000, bringing the total expenditure for the week to €4.48 million.
The company said detailed information on the progress of the buyback programme and individual transactions is available through the investors section of its website.
Shareholder value strategy
Share repurchase programmes are widely used by listed companies to return excess cash to shareholders, improve earnings per share by reducing the number of outstanding shares, and meet obligations under employee incentive programmes.
SBM Offshore’s continued execution of its buyback programme signals confidence in its financial position and cash-generating ability despite ongoing volatility in global energy markets.
Deepwater energy leader
SBM Offshore is one of the world’s leading providers of floating production solutions for the offshore oil and gas industry. The company designs, builds, installs and operates floating production systems throughout their lifecycle.
With a workforce of more than 8,000 employees, SBM Offshore operates a long-term asset-backed business model focused on delivering high-availability offshore production assets while supporting lower-carbon energy production and expanding opportunities within the blue economy.
The company is scheduled to release its Half-Year 2026 earnings on August 6, 2026, followed by its Third Quarter 2026 Trading Update on November 12, 2026. Investors will also be watching for the company’s Full-Year 2026 results, due on February 18, 2027, for further updates on financial performance and the progress of the share repurchase programme.
