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25/03-2019 17:41:19: (SUBC) Subsea 7 share repurchase

Luxembourg  - 25 March 2019 -  Subsea 7 S.A. (Oslo  Børs: SUBC, ADR: SUBCY, ISIN
LU0075646355)  today  announced  that  on  25 March 2019 the Company repurchased
240,000 of  its  shares  at  an  average  price  of  NOK  104.92 per share. This
represents approximately 0.07% of the Company's issued share capital.

The  shares were repurchased  in accordance with  the Company's share repurchase
programme  announced on 28 February  2019. The shares have  been acquired on the
Oslo Børs in accordance with the authority granted by the Board.

As  at close of business on 25 March 2019 Subsea 7 S.A. held 14,054,261 treasury
shares  representing approximately 4.29% of  the total number  of issued shares.
Total shares in issue, including treasury shares, were 327,367,111.

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Subsea  7 is a global leader  in the delivery of  offshore projects and services
for the evolving energy industry.
We  create sustainable  value by  being the  industry's partner  and employer of
choice in delivering the efficient offshore solutions the world needs.

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Contact for enquiries:
Isabel Green
Investor Relations Director
Tel +44 20 8210 5568
isabel.green@subsea7.com
www.subsea7.com

Attachment

  * SUBC share repurchase 25032019 (https://ml-
    eu.globenewswire.com/Resource/Download/d8245d94-ad74-45a1-a282-03d1fa595cf3)

Extern länk:https://newsweb.oslobors.no/message/472902

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