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Subsea7 / Media / Company News / 2024 / Subsea 7 S.A. announces dividend

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Subsea 7 S.A. announces dividend

Luxembourg – 29 February 2024 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, the Company) today 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

Contact for investment community enquiries:

Katherine Tonks
Investor Relations Director
E: [email protected]