Weekly share repurchase program transaction details

July 17, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period July 11, 2024 through July 17, 2024.

The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024 and effective from March 1, 2024. The objective of the program is to reduce share capital. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period March 1, 2024 through July 17, 2024 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 Investors section of the Company’s website.

Share Repurchase Program
Overall progress Share Repurchase Program:
Total Repurchase Amount					EUR 65,000,000
Cumulative Repurchase Amount					EUR 33,676,621
Cumulative Quantity Repurchased					2,386,392
Cumulative Average Repurchase Price					EUR 14.11
Start Date					March 1, 2024
Percentage of program completed as of July 17, 2024					51.81%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
July 11, 2024	25,080		EUR 14.05		EUR 352,387
July 12, 2024	18,560		EUR 14.35		EUR 266,388
July 15, 2024	17,763		EUR 14.29		EUR 253,805
July 16, 2024	18,687		EUR 14.28		EUR 266,927
July 17, 2024	17,648		EUR 14.43		EUR 254,578
Total	97,738		EUR 14.26		EUR 1,394,084

¹All shares purchased via Euronext Amsterdam, CBOE DXE and or Turquoise