Overview of SBM Offshore's Share Repurchase Initiatives
SBM Offshore, a leader in deepwater offshore energy solutions, has reported significant updates to its share repurchase program valued at EUR141 million (approximately US$150 million). This update covers the transactions from December 4, 2025, through December 10, 2025, showcasing the company's commitment to enhancing shareholder value.
Progress on the Share Repurchase Program
Initially announced on February 20, 2025, this share repurchase effort began effectively on April 24, 2025, aiming to decrease share capital and provide shares for management and employee programs. As of December 10, 2025, the program has completed about 78.04% of its target. The investment encapsulates a blend of strategic growth initiatives and diligent fiscal management.
Financial Summary of the Repurchase
As part of this repurchase scheme, SBM Offshore has achieved a total repurchase amount of EUR141,189,019, with a cumulative amount of EUR110,181,701. An impressive 5,063,871 shares have been repurchased at an average price of EUR21.76. This strategic approach highlights the company's focus on optimizing its capital structure and enhancing shareholder returns.
Daily Trading Activity Insights
The company has laid out the details of trading activity for December 2025, illustrating robust market participation. Here’s a summary of the last five trading days:
Daily Trading Breakdown
On December 4, 2025, 21,025 shares were repurchased at an average purchase price of EUR24.86, totaling EUR522,600. Following this, on December 5, the company repurchased 20,097 shares at EUR25.05, amounting to EUR503,442. The activity continued with 22,884 shares on December 8 at EUR24.84 for EUR568,329, and 22,727 shares on December 9 at EUR24.60, garnering EUR559,186. On the final day of the report period, December 10, an additional 24,988 shares bought at EUR24.54 resulted in a settlement amount of EUR613,295.
Company Commitment to Sustainable Energy Solutions
SBM Offshore stands at the forefront of energy transition, focusing on sustainable solutions that drive a cleaner, more efficient energy landscape. The company employs over 7,800 dedicated professionals worldwide, all working together towards innovative solutions that favor both ocean protection and economic development.
Future Financial Outlook
Looking forward, SBM Offshore is set to release its Full Year 2025 earnings on February 26, 2026, and plans to hold its Annual General Meeting on April 15, 2026. This schedule highlights the company's commitment to transparency and engaging with its shareholders.
Contact Information for Investor Relations
For any inquiries regarding the share repurchase program or wider business strategies, investors can reach out to Wouter Holties, Corporate Finance & Investor Relations Manager.
Frequently Asked Questions
What is the purpose of SBM Offshore's share repurchase program?
The program aims to reduce share capital and provide shares for management and employee incentive plans.
How much has SBM Offshore repurchased in total?
As of December 10, 2025, the company has repurchased shares worth EUR141,189,019.
What are the details of shares repurchased recently?
Recent transactions include 21,025 shares at EUR24.86 on December 4, 2025, and various daily repurchases up to December 10, 2025.
When will SBM Offshore's financial information be updated?
The company's Full Year 2025 earnings will be announced on February 26, 2026.
Who can I contact for more information?
Investors can contact Wouter Holties at SBM Offshore for inquiries regarding the share repurchase program.
