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Subsea 7 Advances Share Buyback Program

Subsea 7 Advances Share Buyback Program

Subsea 7 (GB:0OGK) has released an update.

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Subsea 7 S.A. has actively executed its share repurchase programme, buying back 257,500 shares at an average price of NOK 211.4892 each, from 22 to 26 July 2024. Following these transactions, the company owns 4,885,804 of its own shares, representing 1.62% of its issued share capital. The repurchases are part of a programme that will run until April 2025, demonstrating Subsea 7’s ongoing commitment to shareholder value.

For further insights into GB:0OGK stock, check out TipRanks’ Stock Analysis page.

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