SBM Offshore disclosed that its EUR227 million share repurchase program reached 37.95% completion as of July 15, 2026. The company repurchased 139,776 shares during the July 9 through July 15 period at an average price of EUR 32.05, for a total settlement amount of EUR 4,479,930. Since the program began on February 27, 2026, cumulative repurchases have totaled 2,552,354 shares at an average price of EUR 33.70, amounting to EUR 86,014,840. The program aims to reduce share capital and provide shares for management and employee share plans. All purchases were executed on Euronext Amsterdam, CBOE DXE, Turquoise Europe, and Aquis Europe.
SBM Offshore N.V.Share buyback program reduces share count and supports stock price.