SBM Offshore's Share Repurchase Program Overview
SBM Offshore recently shared key details concerning its significant share repurchase program, which encompasses EUR141 million, translating to approximately USD150 million. This initiative is designed to strategically reduce share capital while also supplying shares for regular management and employee share programs.
Transaction Period Insights
The transactions took place from November 13 to November 19. This insightful announcement sheds light on the ongoing efforts of SBM Offshore within its EUR141 million share repurchase program, which was initially disclosed on February 20 and activated on April 24. The core objective remains to redirect shareholder capital effectively and enhance overall value.
Progress and Cumulative Results
As of the latest report, the total amount repurchased stands at EUR 141,189,019, demonstrating a robust commitment toward capital management. Cumulatively, the company has repurchased approximately 4,744,366 shares at an average price of EUR 21.57. Remarkably, the percentage of the program completed as of November 19 reaches 72.48%, reflecting the steady pace at which the program is evolving.
Breakdown of Recent Trading Activities
In recent trading days, detailed activity includes the following:
- On November 13, 2025, 9,731 shares were acquired at an average price of EUR 23.84, amounting to a settlement of EUR 232,013.
- November 14 showed continued activity with 9,749 shares purchased at EUR 24.39, leading to EUR 237,781 spent.
- Further purchases on November 17 included 14,893 shares priced at EUR 24.93, totaling EUR 371,305.
- On November 18, 18,488 shares were bought at EUR 24.33, resulting in a settlement of EUR 449,876.
- Finally, on the concluding day of the reporting period, November 19, the company acquired 23,399 shares at EUR 24.36, amounting to EUR 570,014.
Company’s Vision and Strategy
SBM Offshore stands as a prominent leader in the deepwater ocean-infrastructure sector. Its commitment to sustainability is one of its core pillars, leading the charge in developing cleaner and more efficient energy solutions. This aligns perfectly with their vision of advancing the blue economy through innovation and responsible practices.
More than 7,800 professionals worldwide contribute to these endeavors, driving forward innovative solutions aimed at balancing progress with environmental protection. As the energy landscape evolves, SBM Offshore's advanced strategies are tailored to meet both market needs and environmental responsibilities.
Contact Information and Corporate Profile
For further details about the company and its initiatives, interested parties can reach out to the Investor Relations team:
Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager
Mobile: +31 (0) 2 02 36 32 36
Email: wouter.holties@sbmoffshore.com
Website: www.sbmoffshore.com
Frequently Asked Questions
What is the purpose of SBM Offshore's share repurchase program?
The primary purpose is to reduce share capital and to provide shares for management and employee programs.
What was the total spend on share repurchases during the reported period?
The total spend amounted to EUR 1,860,989 for 76,260 shares repurchased.
How much of the repurchase program has been completed?
As of November 19, 72.48% of the program has been completed.
Who can I contact for more information about SBM Offshore?
You can contact Wouter Holties, the Corporate Finance & Investor Relations Manager at SBM Offshore.
Where is SBM Offshore focused in terms of energy solutions?
SBM Offshore focuses on deepwater ocean infrastructure, aiming to foster the blue economy while ensuring sustainable energy production.
