Subsea 7 S.A. cancels treasury shares
28 Junio 2024 - 6:22AM
Subsea 7 S.A. cancels treasury shares
Luxembourg – 28 June 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 2,106,000 shares held in
treasury, representing approximately 0.7% 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 4,212,000 to USD 604,376,544 represented by 302,188,272 common
shares.
Following the cancellation, Subsea 7 S.A. holds
3,839,804 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 TonksInvestor Relations DirectorTel
+44 20 8210 5568ir@subsea7.com
This information is subject to the disclosure
requirements pursuant to section 4.2.4 of Oslo Rule Book II.This
stock exchange release was published by Katherine Tonks, Investor
Relations, Subsea7, on 28 June at 13:20 CET.
- Share Cancellation June 2024
Subsea 7 (TG:SOC)
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Subsea 7 (TG:SOC)
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