Weekly share repurchase program transaction details

Febuary 20, 2019
  
SBM Offshore reports the transaction details related to its EUR175 million (c. US$200 million) share repurchase program for the period February 14, 2019 through February 20, 2019.

The repurchases were made under the EUR175 million share repurchase program announced on and effective from February 14^th 2019.  The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period February 14, 2019 through February 20, 2019 can be found in the table below. Further detailed information regarding both the progress of the share repurchase program and all individual transactions can be accessed via the Investor Relations Center of the Company's website.

Share Repurchase Program
Total Repurchase Amount			EUR 175,000,000
Cumulative Repurchase Amount			EUR 8,998,160
Cumulative Quantity Repurchased			548,507
Cumulative Average Repurchase Price			EUR 16.40
Start Date			February 14, 2019
End Date			2019
Percentage of program completed as at February 20, 2019			5.14%
Trade Date	Quantity Repurchased	Average Purchase Price	Settlement Amount
February 14, 2019	102,317	EUR 15.94	EUR 1,630,482
February 15, 2019	114,418	EUR 16.49	EUR 1,886,661
February 18, 2019	126,772	EUR 16.37	EUR 2,074,728
February 19, 2019	105,000	EUR 16.50	EUR 1,732,352
February 20, 2019	100,000	EUR 16.74	EUR 1,673,938
Total1	548,507	EUR 16.40	EUR 8,998,160
1All shares bought on Euronext Amsterdam