SBM Offshore advances buyback: SBM Offshore stock sits 6.10 percent below its high

Published on 10/15/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SBM Offshore repurchased 124,961 shares by October 14, 2026. SBM Offshore stock costs EUR 35.12 on October 15, 2026, 6.10 percent below EUR 37.40.

Buyback progress and upcoming dates

SBM Offshore completed 63.64 percent of its EUR227 million repurchase program by October 14, 2026.
TipRanks lists a EUR49.00 analyst price target for the stock.
SBM Offshore stock trades at EUR 35.12 at 1:32 p.m. CEST at Lang & Schwarz on October 15, 2026, 6.10 percent below its EUR 37.40 yearly high.
The next trading update is scheduled for November 12, 2026.

Fotorealistische schwimmende Öl- und Gasplattform (FPSO) auf offener See bei Sonnenuntergang — Fotorealistische FPSO-Anlage auf hoher See symbolisiert SBM Offshore N.V., ISIN NL0000360618, bei Sonnenuntergang, Illustration mit AI erstellt.

SBM Offshore stock (ISIN NL0000360618) was trading at EUR 35.12 at Lang & Schwarz on October 15, 2026 at 1:32 p.m. CEST, 6.10 percent below its 52-week high of EUR 37.40. The company repurchased 124,961 shares for EUR 4.48 million during the five trading days through October 14, 2026, according to GlobeNewswire.

Buyback reaches 63.64 percent

The latest purchase lifted cumulative repurchases to 4,235,127 shares for EUR 144.24 million, equal to 63.64 percent of the EUR227 million program. The average purchase price across the program was EUR 34.06, below the current Lang & Schwarz quote.

The program is designed to reduce share capital and provide shares for management and employee plans. That gives the update a direct shareholder-return angle while the company continues to build its floating production business.

Three events shape the timeline

SBM Offshore announced the EUR227 million program on February 26, 2026, with purchases starting February 27, 2026. Its half-year 2026 update on August 6, 2026 reported directional revenue of USD 4.9 billion, up 112 percent year to date, and raised full-year directional revenue guidance to USD 7.6 billion. These company figures and dates are listed on the SBM Offshore investor page. The October 14, 2026 buyback update is the latest event.

What does the target mean?

TipRanks lists the most recent analyst view as Buy with a EUR49.00 price target. The target is EUR13.88 above the Lang & Schwarz quote, a 39.53 percent premium calculated from the two euro prices. The comparison is a market expectation, not a company forecast.

Next reporting dates are set

SBM Offshore's next two scheduled dates are the third-quarter 2026 trading update on November 12, 2026 and full-year 2026 earnings on February 18, 2027, according to GlobeNewswire. The company is listed on Euronext Amsterdam and belongs to the AEX index, giving the buyback a clear Dutch-market reference point.

Stock remains below its yearly high

SBM Offshore was trading at EUR 35.12 at Lang & Schwarz on October 15, 2026 at 1:32 p.m. CEST. The quote was 6.10 percent below the 52-week high of EUR 37.40, while the market capitalization stood at EUR 5.8 billion and the 52-week low was EUR 20.74. The further course of trading is shown by the continuously updated real-time quote of SBM Offshore stock.