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11/01-2019 19:59:40: (SUBC) Subsea 7 share repurchase

Luxembourg –11 January 2019 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today
announced that on 11 January 2019 the Company purchased 130,000 of its shares at
an average price of NOK 94.86 per share. This represents approximately 0.04% of
the Company's issued share capital.

The shares were purchased in accordance with the Company's share repurchase
programme initially announced on 31 July 2014 and extended to July 2019, as
announced on 26 July 2017. The shares have been acquired on the Oslo Børs in
accordance with the authority granted by the Board.

As at close of business on 11 January 2019 Subsea 7 S.A. held 9,354,024 treasury
shares representing approximately 2.86% of the total number of issued shares.
Total shares in issue, including treasury shares, were 327,367,111.


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Subsea 7 S.A. is a leading global contractor in seabed-to-surface engineering,
construction and services to the offshore energy industry. We provide technical
solutions to enable the delivery of complex projects in all water depths and
challenging environments.
Subsea 7 is listed on the Oslo Bors (SUBC), ISIN LU0075646355.
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Contact for enquiries:
Isabel Green
Investor Relations Director
Tel +44 20 8210 5568
isabel.green@subsea7.com
www.subsea7.com

Ekstern link: https://newsweb.oslobors.no/message/467407

Nyheten er levert av OBI.