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Subsea 7 Transfers Shares for Employee Incentives

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Subsea 7 Transfers Shares for Employee Incentives

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Subsea 7 ( (GB:0OGK) ) has provided an announcement.

Subsea 7 S.A. has transferred 522,241 shares from its treasury to fulfill employee share awards under its Long-term Incentive Plan. This transfer leaves the company with 3,463,823 treasury shares, representing 1.16% of its issued common shares, while the total number of shares remains unchanged at 299,600,000.

The most recent analyst rating on (GB:0OGK) stock is a Buy with a NOK330.00 price target. To see the full list of analyst forecasts on Subsea 7 stock, see the GB:0OGK Stock Forecast page.

More about Subsea 7

Subsea7 is a global leader in delivering offshore projects and services for the evolving energy industry. The company focuses on creating sustainable value by providing efficient offshore solutions, positioning itself as a partner and employer of choice in the industry.

Average Trading Volume: 377,219

Current Market Cap: NOK61.7B

For a thorough assessment of 0OGK stock, go to TipRanks’ Stock Analysis page.

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