Key information relating to the proposed cash dividend to be paid by Subsea 7 S.A.
Portfolio Pulse from
Subsea 7 S.A. announced a proposed cash dividend of NOK 13.00 per share, totaling approximately USD 350 million, to be paid in two instalments, pending approval at the AGM on May 8, 2025.
February 27, 2025 | 7:15 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Subsea 7 S.A. has proposed a cash dividend of NOK 13.00 per share, totaling approximately USD 350 million, to be paid in two instalments, subject to approval at the AGM on May 8, 2025.
The announcement of a significant dividend payment is likely to positively impact the stock price of Subsea 7 S.A. (SUBCY) as it indicates strong financial health and shareholder returns. The dividend is subject to approval, but the proposal itself is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100