Subsea 7 S.A. cancels treasury shares
18 Dezember 2024 - 3:14PM
UK Regulatory
Subsea 7 S.A. cancels treasury shares
Luxembourg – 18 December 2024 -
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) (the
Company) announced that, in accordance with the
authorisation given to the board of directors of the Company (the
“Board”) at the extraordinary general meeting of
shareholders held on 18 April 2023, the Board has resolved to
cancel 2,588,272 shares held in treasury, representing
approximately 0.9% of the total number of issued shares. The
cancellation has now been effected and, as a result, the issued
share capital of the Company has been reduced by USD 5,176,544 to
USD 599,200,000 represented by 299,600,000 common shares.
Following the cancellation, Subsea 7 S.A. holds
3,986,064 treasury shares representing approximately 1.3% of the
total number of issued shares.
The updated articles of association of the
Company reflecting the reduction in the issued share capital will
be available on the Company's website.
*******************************************************************************
Subsea7 is a global leader in the delivery of offshore projects and
services for the evolving energy industry, creating sustainable
value by being the industry’s partner and employer of choice in
delivering the efficient offshore solutions the world needs.
Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355,
LEI 222100AIF0CBCY80AH62.
*******************************************************************************
Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 20 8210 5568
ir@subsea7.com
This information is subject to the disclosure
requirements pursuant to section 4.2.4 of Oslo Rule Book II.
- SUBC share cancellation Dec 2024
Subsea 7 (TG:SOC)
Historical Stock Chart
Von Dez 2024 bis Jan 2025
Subsea 7 (TG:SOC)
Historical Stock Chart
Von Jan 2024 bis Jan 2025
