08/02-2019 17:36:21: (SUBC) Subsea 7 share repurchase
Luxembourg – 8 February 2019 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN LU0075646355) today announced that on 8 February 2019 the Company purchased 130,000 of its shares at an average price of NOK 93.83 per share. This represents approximately 0.04% of the Company's issued share capital. The shares were purchased in accordance with the Company's share repurchase programme initially announced on 31 July 2014 and extended to July 2019, as announced on 26 July 2017. The shares have been acquired on the Oslo Børs in accordance with the authority granted by the Board. As at close of business on 8 February 2019 Subsea 7 S.A. held 11,969,024 treasury shares representing approximately 3.66% of the total number of issued shares. Total shares in issue, including treasury shares, were 327,367,111. ******************************************************************************* Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry. We create sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs. ******************************************************************************* Contact for enquiries: Isabel Green Investor Relations Director Tel +44 20 8210 5568 isabel.green@subsea7.com www.subsea7.co
Ekstern link: https://newsweb.oslobors.no/message/469135
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