Subsea7 - key information relating to the proposed cash dividend to be paid by Subsea 7 S.A.
Globenewswire·2026-02-26 07:16

Core Viewpoint - Subsea 7 S.A. announced a proposed total cash dividend of NOK 13.00 per share, amounting to approximately $400 million, to be distributed in May 2026 [1]. Dividend Details - The proposed dividend consists of an annual dividend of approximately $350 million to be recommended at the annual general meeting (AGM) on 12 May 2026 and an interim dividend of approximately $50 million approved by the Board [1][5]. - Key dates include the last day including right on 19 May 2026 for common shareholders and 20 May 2026 for ADR holders, with the ex-date on 20 May 2026 for common shareholders and 21 May 2026 for ADR holders [5]. - The record date is set for 21 May 2026, and the payment date is scheduled for 28 May 2026 [5].