SBM Offshore reaches 63.64 percent buyback progress: what it means for SBM Offshore stock

Published on 10/18/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Buyback progress reached 63.64 percent. That figure frames SBM Offshore stock's capital return.

Capital returns and next results

SBM Offshore had completed 63.64 percent of its buyback program by October 14, 2026.
The company repurchased 124,961 shares for EUR 4.48 million during the latest reporting period.
SBM Offshore will publish its third quarter 2026 trading update on November 12, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte NL0000360618 und Offshore-Modellplattform — Flatlay mit Aktienzertifikat und ISIN-Karte NL0000360618 illustriert eine Kapitalanlage in SBM Offshore N.V. anschaulich, Illustration mit AI erstellt.

SBM Offshore (ISIN NL0000360618) had completed 63.64 percent of its EUR 227 million share repurchase program by October 14, 2026, after buying 4,235,127 shares. The latest update from SBM Offshore puts the capital-return program at the center of the stock story, with the company also scheduled to report its third quarter trading update on November 12, 2026.

Buyback reaches two-thirds

The October 14 release said SBM Offshore repurchased 124,961 shares between October 8 and October 14 for EUR 4.48 million. The average purchase price for that five-day period was EUR 35.85, while cumulative purchases reached EUR 144.24 million.

The program is designed to reduce share capital and provide shares for management and employee equity plans. For investors, the completion rate matters because it shows how quickly the announced EUR 227 million return is being deployed. The company had used 63.64 percent of the program by October 14, 2026.

What does the program mean for returns?

SBM Offshore's latest half-year information also points to a stronger operating base. According to the company's investor information dated August 6, 2026, directional revenue for the first half of 2026 increased 112 percent to USD 4.9 billion, while directional EBITDA reached USD 1.3 billion. Full-year 2026 directional revenue guidance was raised from above USD 6.9 billion to USD 7.6 billion, and directional EBITDA guidance moved from USD 1.8 billion to USD 1.9 billion.

That combination gives the buyback a wider financial context. The latest operating figures show a business funding shareholder returns while expanding its project backlog and offshore production platform. The company also reported that FPSO SEAP I and SEAP II contracts had been awarded by Petrobras, adding a concrete project milestone to the half-year picture.

Upcoming reporting dates

The next scheduled company event is the third quarter 2026 trading update on November 12, 2026. The following listed date is the full-year 2026 earnings release on February 18, 2027, according to the financial calendar in the October 14 release.

SBM Offshore is listed as SBMO.AS on Euronext Amsterdam under ISIN NL0000360618, according to Global Banking and Finance. The October 16, 2026 closing price was EUR 35.32, and the 52-week range was EUR 21.12 to EUR 37.40. Market capitalization was EUR 5.8 billion on that date.

Returns meet operating growth

The latest buyback figures show a substantial portion of the planned capital return already deployed, while first-half 2026 directional revenue of USD 4.9 billion stood 112 percent above the prior-year period. The next trading update will show whether project execution and cash generation continue to support the shareholder-return plan.