SBM Offshore stock trades near its yearly high as buybacks continue

SBM Offshore stock was quoted at EUR 36.68 on Euronext Amsterdam on September 24, 2026, placing the shares 1.87 percent below the 52-week high of EUR 37.38. The company also continued its EUR 227 million repurchase program during the latest reported week.

Buyback reaches another checkpoint

According to Stock Titan, SBM Offshore repurchased 122,834 shares between September 17 and September 23, 2026. The transactions required EUR 4,466,131, with an average purchase price of EUR 36.36 per share.

The latest purchases were made at an average price 0.88 percent below the September 24 quote of EUR 36.68. That comparison puts the program's recent activity close to the prevailing market price rather than at a deep discount.

Share count supports the thesis

SBM Offshore had repurchased 3,857,865 shares for a cumulative EUR 130,800,154 since the program began on February 27, 2026, according to Stock Titan. The completed portion stood at 57.71 percent of the planned EUR 227 million by September 23, 2026.

The arithmetic gives the buyback a measurable market effect: the shares acquired so far represent 3.16 percent of the 122,834-share weekly purchase multiplied by the number of comparable weekly installments. The more useful signal is the pace of capital deployment, with EUR 130.8 million already spent against the total authorization.

Stock remains near yearly high

SBM Offshore's market capitalization was EUR 6,055,742,311 on September 24, 2026. The reference price of EUR 36.68 was 76.83 percent above the 52-week low of EUR 20.74, while the 1.87 percent distance from the yearly high keeps the stock near the top of its annual range.

The shares were quoted at EUR 36.68 on Euronext Amsterdam on September 24, 2026, with a daily change of -0.05 percent. For investors, the combination of a near-high share price and ongoing repurchases makes execution pace the central measurable issue.