SBM Offshore Reports Weekly Share Repurchase Details

SBM Offshore disclosed the weekly transactions under its EUR227 million (US$270 million) share repurchase program for the period Aug. 6 through Aug. 12, 2026.

The program, announced Feb. 26 and effective Feb. 27, aims to reduce share capital and provide shares for management and employee share programs, the company said in a press release. A table showing aggregate daily repurchases from Feb. 27 through Aug. 12 is available on SBM Offshore's investor relations page, along with individual transaction records.

The update is a routine disclosure required under the EU Market Abuse Regulation. SBM Offshore, a deepwater ocean infrastructure company, operates a long-term asset-backed model with more than 8,000 employees. The buyback is part of its capital return strategy.

Full transaction details can be found in the Investors section of the company's website.