Weekly share repurchase program transaction details

November 6, 2024

SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period October 31, 2024 through November 6, 2024.

The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024, effective from March 1, 2024 and increased by EUR65 million as announced on August 8, 2024. 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 March 1, 2024 through November 6, 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 130,000,000
Cumulative Repurchase Amount					EUR 72,337,465
Cumulative Quantity Repurchased					4,746,993
Cumulative Average Repurchase Price					EUR 15.24
Start Date					March 1, 2024
Percentage of program completed as of November 6, 2024					55.64%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
October 31, 2024	32,371		EUR 16.73		EUR 541,496
November 1, 2024	26,993		EUR 16.95		EUR 457,566
November 4, 2024	27,819		EUR 16.97		EUR 472,216
November 5, 2024	27,730		EUR 16.98		EUR 470,772
November 6, 2024	25,089		EUR 17.24		EUR 432,591
Total	140,002		EUR 16.96		EUR 2,374,642