SBM Offshore stock advances as share buyback passes halfway mark

Published on 09/17/2026 at 14:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SBM Offshore stock gained on Euronext Amsterdam as the company reported its EUR 227 million share buyback was 55.74 percent complete as of September 16, 2026. The most recent half-year results showed higher EBITDA and a solid backlog supporting future cash flows.

Dokumentarische Schwarzweiß-Aufnahme von Arbeitern auf einer Offshore-Plattform — Schwarzweiße Reportage-Aufnahme von Offshore-Arbeitern zeigt SBM Offshore N.V., ISIN NL0000360618, im Arbeitsalltag, Illustration mit AI erstellt.

SBM Offshore N.V. stock (ISIN NL0000360618) traded higher on Euronext Amsterdam after the company reported that its EUR 227 million share buyback program is more than halfway complete as of September 16, 2026, signaling continued capital returns to shareholders.

Share buyback program passes halfway mark

According to TipRanks on September 16, 2026, SBM Offshore has advanced its EUR 227 million share repurchase program to 55.74 percent completion, having bought back 3,735,031 shares at an average price of EUR 33.82 for a total value of EUR 126.33 million.

The buyback supports earnings per share by reducing the share count and underscores management's confidence in cash generation from long term floating production contracts. For investors, the halfway mark of the program provides a visible capital allocation signal alongside dividends and growth investments.

Recent results and operating performance

In its most recent half year report for the first half of 2026, SBM Offshore highlighted stable revenue and higher EBITDA compared with the same period a year earlier, supported by contributions from leased floating production, storage and offloading vessels and project activities. The company reported that directional EBITDA increased versus the prior year half year period, reflecting improved margins on ongoing projects and fleet operations, while maintaining its guidance for full year 2026 based on its contracted backlog.

The order backlog of SBM Offshore, which consists mainly of long term lease and operate contracts for offshore production units, provides multi year revenue visibility and underpins the company's ability to continue funding share buybacks and dividends from operating cash flow. Historical figures from fiscal year 2024 showed that revenue and EBITDA were already on an upward trajectory, giving context for the more recent improvements seen in the first half of 2026.

Stock performance and investor perspective

On Euronext Amsterdam, SBM Offshore stock recently traded in the mid EUR 30 range, close to the average repurchase price of EUR 33.82 cited in the ongoing buyback program, and the shares gained nearly 1 percent in the latest session according to a market overview from De Aandeelhouder dated September 16, 2026.

From a portfolio perspective, the combination of a largely contracted asset base, a visible buyback program of EUR 227 million and supportive recent operating results makes SBM Offshore a stock where capital allocation and backlog quality are central to the investment case. The progress of the buyback, together with the most recent half year figures, will remain key checkpoints for investors watching the share price relative to previous trading ranges and future dividend decisions.

SBM Offshore stock and key data

As of the last completed trading day before September 17, 2026, SBM Offshore stock closed on Euronext Amsterdam in the mid EUR 30s, with trading volumes consistent with recent averages and a market capitalization in the several billion euro range, reflecting its position as a significant constituent of the Dutch equity market.