Seadrill Limited (SDRL) has released an update.
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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.