Seadrill Limited (SDRL) has released an update.
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Seadrill Limited has been actively buying back its shares, with a total of 248,750 shares purchased between July 15 and July 19, 2024, at an average price of $54.17 per share. This is part of a larger share repurchase program announced on June 26, 2024, which is set to run until September 30, 2025, with the aim of repurchasing up to $200 million in shares. Following these recent transactions, Seadrill now holds 1.11% of its total issued shares as treasury stock.
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