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Seadrill Limited Advances Share Buyback Program
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Seadrill Limited Advances Share Buyback Program

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.

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