SBM Offshore Launches New Share Repurchase Program of EUR141M

SBM Offshore Launches New Share Repurchase Program

SBM Offshore has officially launched a significant share repurchase initiative amounting to EUR141 million. This was announced following the completion of their earlier program, which was set up in 2024 and totaled EUR130 million. The fresh program, effective from April 24, 2025, aims to enhance shareholder value and optimize the capital structure of the company.

Purpose of the Share Repurchase Program

The primary goal of the newly initiated EUR141 million share repurchase program is to reduce the share capital while also facilitating shares for management and employee stock plans, with a maximum allocation of US$25 million. The program is expected to conclude by February 26, 2026, under the authorization provided by the Annual General Meeting held on April 9, 2025.

Execution and Compliance Measures

The share repurchase will be conducted in line with established guidelines and regulations to ensure compliance. Transactions are anticipated to occur even during closed periods, adhering to the safe harbor provisions associated with share buybacks. SBM Offshore will consistently update the market regarding the progress of this initiative through weekly press releases and website updates.

Success of the Previous Share Repurchase Program

Between March 1, 2024, and April 23, 2025, SBM Offshore completed the repurchase of 7,978,332 shares during its EUR130 million program at an average price of EUR16.29 per share, reaching the total amount successfully. The repurchases not only served to diminish share capital but also supported the management's and employees' regular stock programs.

Highlights from the 2024 Program

As part of this successful initiative, the details from the final period of the 2024 share repurchase program highlight the transactions conducted from April 17, 2025, to April 23, 2025. Throughout this timeframe, the company achieved 100% completion of its targeted repurchase goals.

Company Value in Transition

SBM Offshore continues to position itself as a key player in the energy sector, focusing on innovative and sustainable solutions. The financial strategies enabled by share repurchase programs reflect a commitment to enhancing shareholder value while advancing a cleaner and more efficient energy landscape. The relentless pursuit of a sustainable future involves exciting new projects and enhanced operational efficiency within the blue economy.

Corporate Vision and Strategy

The company's strategic focus revolves around the design, construction, installation, and operation of offshore floating facilities. This dedication enables SBM Offshore to play a crucial role in achieving a just energy transition. The provision of cleaner energy alternatives is central to their mission, alongside fostering responsible practices that protect ocean ecosystems while driving progress forward.

Frequently Asked Questions

What is the purpose of the new share repurchase program by SBM Offshore?

The EUR141 million program aims to reduce share capital and provide shares for management and employee stock plans.

When does the new share repurchase program commence?

The program is effective from April 24, 2025, and is set to conclude by February 26, 2026.

How many shares were repurchased under the previous program?

A total of 7,978,332 shares were repurchased under the EUR130 million program that concluded on April 23, 2025.

What strategies does SBM Offshore follow for compliance during the repurchase?

The company adheres to safe harbor provisions and complies with market regulations to carry out the share repurchase processes.

How does SBM Offshore contribute to a sustainable future?

By innovating in offshore energy solutions, SBM Offshore plays a significant role in promoting cleaner and more efficient energy production.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.