Seadrill Limited Advances Share Buyback Program
Company Announcements

Seadrill Limited Advances Share Buyback Program

Seadrill Limited (SDRL) has released an update.

Seadrill Limited has been actively purchasing its own shares as part of a share repurchase program, acquiring a total of 190,705 shares at an average price of $50.37 each from June 10 to June 14, 2024. This buyback is part of a larger initiative to repurchase up to $250 million of Seadrill’s common shares by September 30, 2024. Following these transactions, Seadrill has repurchased 5,010,062 shares, amounting to 6.76% of the total issued share count.

For further insights into SDRL stock, check out TipRanks’ Stock Analysis page.

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