SBM Offshore's Share Repurchase Program Progress Report

Update on Share Repurchase Initiatives
SBM Offshore has shared key details surrounding its ongoing share repurchase program valued at EUR 141 million (approximately US$150 million). This program is essential for the company's strategy to reduce share capital while also providing shares for management and employee initiatives. The period under review covers transactions conducted from July 10 to July 16, 2025, offering stakeholders insight into the company’s financial health and operational strategies.
Program Objectives and Implementation
Announced on February 20, 2025, SBM Offshore activated this share repurchase program on April 24, 2025. The underlying goal is twofold: to effectively decrease the outstanding share capital and simultaneously facilitate the provision of shares for employee and management stock programs. Throughout the program, SBM Offshore aims to adapt to market fluctuations while progressing towards a sustainable energy future.
Transaction Insights
During the recent review period, a notable breakdown of transactions was observed. Detailed information of repurchases made daily contributes to understanding the successful execution and overall impact of the repurchase program.
Overall Progress Report
As of July 16, 2025, the company has completed approximately 27.08% of the share repurchase program, a promising indicator of actively managing outstanding shares. The total repurchase amount has reached EUR 141,189,019, with a cumulative amount of EUR 38,230,433 for shares repurchased so far. These figures reflect SBM Offshore's commitment to enhancing shareholder value.
Recent Trading Activities
A snapshot of the last five trading days illustrates detailed transactional activities undertaken by SBM Offshore. Here is how the repurchase program has unfolded:
- July 10, 2025: 27,938 shares at EUR 23.20, totaling EUR 648,033
- July 11, 2025: 28,292 shares at EUR 23.06, totaling EUR 652,467
- July 14, 2025: 28,032 shares at EUR 23.26, totaling EUR 651,937
- July 15, 2025: 28,255 shares at EUR 23.09, totaling EUR 652,397
- July 16, 2025: 30,411 shares at EUR 22.91, totaling EUR 696,658
In total, this resulted in an impressive repurchase of 142,928 shares at an average purchase price of EUR 23.10, cumulating a settlement amount of EUR 3,301,493. These numbers project SBM Offshore's active role in managing its share capital effectively, promoting stability in the market.
Corporate Insights
SBM Offshore stands tall as a leader in deepwater ocean-infrastructure, evolving continuously to enhance energy production while respecting ecological boundaries. With over 7,800 professionals collaborating globally, they are dedicated to innovative solutions that marry technology and sustainability. The company remains focused on a balanced approach to ocean protection amid economic progress for a better tomorrow.
Frequently Asked Questions
What is the value of SBM Offshore's share repurchase program?
The share repurchase program is valued at EUR 141 million (approximately US$150 million).
What percentage of the program has been completed as of now?
As of July 16, 2025, 27.08% of the share repurchase program has been completed.
How many shares have been repurchased cumulatively?
A cumulative total of 1,853,355 shares have been repurchased during the program.
What is the average purchase price of the shares?
The cumulative average purchase price is EUR 20.63 per share.
Who should I contact for more information about SBM Offshore?
For inquiries, please contact Wouter Holties, Corporate Finance & Investor Relations Manager, via mobile at +31 (0) 2 02 36 32 36 or email wouter.holties@sbmoffshore.com.
About The Author
Contact Evelyn Baker privately here. Or send an email with ATTN: Evelyn Baker 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.