Seadrill Limited (SDRL) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Seadrill Limited has been actively purchasing its own shares, buying back 485,105 shares at an average price of $39.88 each, under its $200 million share repurchase program. These transactions, carried out in collaboration with DNB Markets, have raised the company’s holding to 5.18% of its total issued shares. With a modern fleet and advanced technologies, Seadrill continues to be a key player in deepwater drilling for the oil and gas industry.
For further insights into SDRL stock, check out TipRanks’ Stock Analysis page.