SBM Offshore Completes EUR227 Million Share Repurchase Program

SBM Offshore, a global leader in deepwater ocean infrastructure, has announced the completion of a share repurchase program. The company spent EUR227 million (approximately US$270 million) on repurchasing shares between September 3 and September 9, 2026.

This share repurchase program, announced on February 26, 2026, aims to reduce the company’s share capital and provide shares for regular management and employee share programs. SBM Offshore purchased the shares through Euronext Amsterdam, CBOE DXE, Turquoise Europe, and Aquis Europe.

The repurchase program is part of SBM Offshore’s ongoing efforts to optimize its capital structure and return value to shareholders. The company operates a long-term, asset-backed business model that delivers high-availability assets and predictable cash flows. SBM Offshore combines engineering expertise, operational reliability, and selective innovation to support safe, efficient, and lower-carbon energy production, while expanding its capabilities into new opportunities across the blue economy.

SBM Offshore is committed to maintaining transparency and providing regular updates on the progress of its share repurchase program. Detailed information regarding the transactions can be accessed via the Investors section of the company’s website. The company emphasizes that this press release is a regular update on the share repurchase program and is in line with the Market Abuse Regulation (nr. 596/2014).