Subsea 7 (GB:0OGK) has released an update.
Subsea 7 S.A. has repurchased 265,500 of its own shares for an average price of NOK 199.2617 each, from 8 to 12 July 2024, as part of its ongoing share repurchase programme set to run until April 2025. Following these transactions, the company now holds 1.44% of its issued share capital in treasury shares. The repurchase initiative aligns with Subsea 7’s aim to create sustainable value and maintain its position as a preferred partner in the offshore energy sector.
For further insights into GB:0OGK stock, check out TipRanks’ Stock Analysis page.