Published:
Acergy S.A. Share Buyback -- March 9, 2007
Acergy S.A. (NASDAQ: ACGY) (OSLO: ACY) advises that
it has today purchased an additional 358,600 of its common shares at an
average price of NOK 115.58 per share. The shares were purchased in
accordance with its share repurchase programme previously announced on
September 11, 2006.
The shares have been acquired on the Oslo Stock Exchange and were purchased
in the market according to the authority granted by the Board.
As a result of this transaction, Acergy S.A. holds directly 7,577,925 of
its own shares, representing 3.89% of the total outstanding shares, as well
as indirectly holding 879,121 shares representing 0.45% of the total
outstanding shares.
Acergy S.A. is a seabed-to-surface engineering and construction contractor
for the offshore oil and gas industry worldwide. We plan, design and
deliver complex, integrated projects in harsh and challenging environments.
We operate internationally as one group -- globally aware and locally
sensitive, sharing our expertise and experience to create innovative
solutions. We are more than solution providers, we are solution partners
-- ready to make long-term investments in our people, assets, know-how and
relationships in support of our clients.
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