Annual Report 2010 - SBM Offshore

Shareholders
As the shares are being held through the collective
depot as mentioned in the Act on Securities
Transactions by Giro (Wet Giraal Effectenverkeer), no
detailed information of the shareholders is available.
According to information provided by the largest banks
and financial institutions, the shares are mainly in the
hands of institutional investors.
Share prices
Turnover as
% of share
capital
Highest
share price
in €
Lowest
share price
in €
Closing
share price
in €
Closing
share price in
US$
2006 221.22 26.45 17.19 26.05 34.33
2007 240.52 31.52 19.85 21.60 31.80
2008 309.94 26.77 8.72 9.35 13.07
2009 193.63 15.30 9.00 13.78 19.75
2010 161.38 17.16 11.41 16.765 22.43
Share prices for 2006 are restated for the four-for-one share split
effected on 2 June 2006.
One institutional investor, Schroders Investment
Management from the United Kingdom has during
2010, as required under the Major Holdings in Listed
Companies Disclosure Act, disclosed a reduction of its
interest in the capital of SBM Offshore to below 5%.
At 31 December 2010, employees of the Company
own 1,147,000 shares in SBM Offshore through an
Employee Share Ownership Plan (ESOP), representing
0.7% of the outstanding share capital.
Dividend
The Company proposes its usual dividend payment of
50% of net profit for 2010, with the choice of payment
of the dividend in cash or in shares of SBM Offshore at
the election of each shareholder.
Overview
Based on the year-end closing price and closing number
of shares, the proposed dividend of US$ 0.71 per
share gives a yield of 3.2% per share (3.4% in 2009).
The annual dividend will be calculated in US Dollars,
but will be payable in Euros. The conversion into Euros
will be effected on the basis of the exchange rate on
5 May 2011, the day the Annual General Shareholders
Meeting is held. The same exchange rate will apply for
the dividend payment in shares of SBM Offshore.
SBM Offshore – Annual Report 2010 17