Weekly share repurchase program transaction details | SBFFF Stock News

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May 28, 2025
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  • SBM Offshore (SBFFF, Financial) has completed 11.63% of its EUR141 million share repurchase program as of May 28, 2025.
  • The company repurchased 153,091 shares during the week of May 22-28, 2025, at an average price of EUR19.35.
  • The share buyback program aims to reduce share capital and support employee share programs.

SBM Offshore (SBFFF) has announced the latest results of its ongoing share repurchase program, valued at EUR141 million (approximately US$150 million). From May 22 to May 28, 2025, the company repurchased 153,091 shares at an average price of EUR19.35, translating to a total expenditure of EUR2.96 million.

Since the commencement of the buyback initiative on April 24, 2025, SBM Offshore has acquired a total of 878,214 shares at an average price of EUR18.70, marking 11.63% of the program's completion. The share repurchase effort serves a dual purpose: reducing the company's share capital and providing shares for employee share programs.

All transactions were executed through the exchanges Euronext Amsterdam, CBOE DXE, and Turquoise, highlighting the company's strategic use of multiple trading platforms to accomplish its financial objectives.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.