Subsea7 has announced that its extraordinary general meeting of shareholders on 25 September 2025 approved all resolutions related to the proposed combination with Saipem.
In addition to backing the merger, shareholders approved two dividend payments: a €450 million dividend, equal to about NOK 18.00 per share, to be paid immediately before the expected merger effective date, and a special dividend of €105 million, about NOK 4.15 per share. The latter is linked to a permitted business divestment under the merger agreement and is expected to be paid after completion of the transaction or, if earlier, immediately before the merger effective date.
