Seadrill Limited (SDRL) has released an update.
Seadrill Limited has actively executed its share repurchase program, buying back 515,300 shares at an average price of $45.43 each, totaling $23.4 million for the specified period in August 2024. This brings the total shares repurchased to 1,766,000, amounting to 2.57% of the total issued shares, as part of a strategy to enhance shareholder value. The program is set to continue through September 2025, with details available on the company’s website.
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