Subsea 7 Announces Proposed Cash Dividend to be Paid

Source: www.gulfoilandgas.com 2/29/2024, Location: Not categorized

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced that its Board of Directors will recommend to the shareholders at the Annual General Meeting of the Company to be held on 2 May 2024 (the AGM) that a dividend of NOK 6.00 per share be paid, in two instalments, equivalent to a total dividend of approximately USD 170 million.

Key information relating to the first instalment of the cash dividend to be paid by Subsea 7 S.A.
- Dividend amount: 3.00 per share
- Announced currency: NOK
- Last day including right: 3 May 2024
- Ex-date: 6 May 2024
- Record date: 7 May 2024
- Payment date: 14 May 2024
- Approval date: the proposed cash dividend is subject to approval at the AGM

Key information relating to the second instalment of the cash dividend to be paid by Subsea 7 S.A.
- Dividend amount: 3.00 per share
- Announced currency: NOK
- Last day including right: 29 October 2024
- Ex-date: 30 October 2024
- Record date: 31 October 2024
- Payment date: 7 November 2024
- Approval date: the proposed cash dividend is subject to approval at the AGM





Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.