Weekly share repurchase program transaction details

March 20, 2019

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

The repurchases were made under the EUR175 million share repurchase program announced on and effective from February 14, 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 March 20, 2019 can be found in the top half of 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
Overall progress Share Repurchase Program:
Total Repurchase Amount			EUR 175,000,000
Cumulative Repurchase Amount			EUR 45,324,012
Cumulative Quantity Repurchased			2,702,241
Cumulative Average Repurchase Price			EUR 16.77
Start Date			February 14, 2019
End Date			2019
Percentage of program completed as at March 20, 2019			25.90%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased	Average Purchase Price	Settlement Amount
March 14, 2019	100,000	EUR 17.34	EUR 1,734,152
March 15, 2019	100,000	EUR 17.40	EUR 1,739,904
March 18, 2019	75,000	EUR 17.28	EUR 1,295,950
March 19, 2019	83,000	EUR 17.47	EUR 1,450,126
March 20, 2019	70,455	EUR 17.51	EUR 1,233,428
Total1	428,455	EUR 17.40	EUR 7,453,560
1All shares bought on Euronext Amsterdam