Seadrill Limited (SDRL) has released an update.
Seadrill Limited, an offshore drilling contractor, has been actively repurchasing its shares under a $250 million program, with a total of 187,700 shares bought between May 13 and May 17, 2024, averaging $51.56 per share. Following these transactions, Seadrill has accumulated 5.80% of its issued shares through the buyback initiative, aiming to enhance shareholder value.
For further insights into SDRL stock, check out TipRanks’ Stock Analysis page.
