SBM Offshore advances buyback as SBM Offshore stock sits 6.60 percent below its high

Published on 10/20/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 112 percent to USD 4.9 billion in the first half of 2026. SBM Offshore stock costs EUR 34.93 on October 20, 2026, below its EUR 37.40 high.

Capital returns and operating scale

SBM Offshore had completed 63.64 percent of its buyback program by October 14, 2026.
Directional revenue rose 112 percent to USD 4.9 billion in the first half of 2026.
SBM Offshore stock trades at EUR 34.93 at 1:03 p.m. CEST at Lang & Schwarz on October 20, 2026.
The next quarterly trading update is scheduled for November 12, 2026.

Isometrische 3D-Grafik der Offshore-Öl- und Gas-Produktionskette mit Plattform und Tanker — Isometrisches 3D-Diagramm der Wertschöpfungskette zeigt das Geschäftsmodell von SBM Offshore N.V., ISIN NL0000360618, anschaulich, Illustration mit AI erstellt.

SBM Offshore (NL0000360618) had completed 63.64 percent of its EUR 227 million share repurchase program by October 14, 2026. The latest transactions covered 124,961 shares, according to Yahoo Finance.

Buyback reaches EUR 144.24 million

The program was announced on February 26, 2026, with a total size of EUR 227 million. By October 14, cumulative purchases had reached EUR 144.24 million, or 63.64 percent of the program, giving the capital-return plan a more concrete scale.

For investors, the buyback comes alongside a sharp expansion in operating activity. SBM Offshore reported first-half 2026 Directional revenue of USD 4.9 billion, up 112 percent, and Directional EBITDA of USD 1.3 billion, up 92 percent.

What does the growth mean for cash returns?

The company also raised its full-year 2026 Directional revenue guidance from above USD 6.9 billion to around USD 7.6 billion and lifted Directional EBITDA guidance from around USD 1.8 billion to around USD 1.9 billion. The figures show why execution and cash conversion remain central alongside the repurchase program.

Three dates frame the story

On February 26, 2026, SBM Offshore announced the EUR 227 million buyback. On August 6, 2026, the company reported first-half Directional revenue of USD 4.9 billion and raised its full-year guidance, as reported by MarketScreener. On October 14, 2026, the latest buyback update put completion at 63.64 percent.

Upcoming reporting dates

The next scheduled company event is the third-quarter 2026 trading update on November 12, 2026. The full-year 2026 earnings release is scheduled for February 18, 2027, according to the financial calendar carried with the Yahoo Finance release.

Stock remains below its yearly high

SBM Offshore stock was 6.60 percent below its 52-week high of EUR 37.40 on October 20, 2026. Its market capitalization was EUR 5.8 billion, while the company remained listed on Euronext Amsterdam and included in the AEX index.

The stock was trading at EUR 34.93 at Lang & Schwarz on October 20, 2026, at 1:03 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of SBM Offshore stock.