Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced transactions made in accordance with its share repurchase programme during the week commencing 4 November 2024.
Date on which the share repurchase programme was announced: 25 July 2019, with a two-year extension announced on 19 April 2023.
The duration of the share repurchase programme: until 18 April 2025.
In the period from 4 November 2024 until 8 November 2024 Subsea 7 S.A. has repurchased a total of 118,500 own shares at the Oslo Stock Exchange at an average price of NOK 168.8814 per share.
4 November 2024
Aggregated daily volume (number of shares): 64,500
Weighted average share price per day (NOK): 168.9524
Total daily transaction value (NOK): 10,897,430
5 November 2024
Aggregated daily volume (number of shares): 54,000
Weighted average share price per day (NOK): 168.7965
Total daily transaction value (NOK): 9,115,011
6 November 2024
Aggregated daily volume (number of shares): -
Weighted average share price per day (NOK): -
Total daily transaction value (NOK): -
7 November 2024
Aggregated daily volume (number of shares): -
Weighted average share price per day (NOK): -
Total daily transaction value (NOK): -
8 November 2024
Aggregated daily volume (number of shares): -
Weighted average share price per day (NOK): -
Total daily transaction value (NOK): -
Previously disclosed
Aggregated daily volume (number of shares): 14,620,304
Weighted average share price per day (NOK): 105.0575
Total daily transaction value (NOK): 1,535,972,926
Accumulated
Aggregated daily volume (number of shares): 14,738,804 Weighted average share price per day (NOK): 105.5707 Total daily transaction value (NOK): 1,555,985,367
The issuer’s holding of own shares:
Following completion of the above transactions, and reflecting the previous cancellation of 7,787,967 shares, as well as share transfers to satisfy the Company's long-term incentive plan obligations, Subsea 7 S.A. owns 6,140,836 of its own shares, corresponding to 2.03% of the issued share capital of Subsea 7 S.A. Total shares in issue, including treasury shares, were 302,188,272.
