Seadrill Limited (SDRL) has released an update.
Seadrill Limited has actively pursued its share repurchase program, buying back 201,335 shares for an average price of $47.88 each, between March 11 and March 15, 2024. Following these transactions, the offshore drilling contractor now holds 3.54% of its total share capital, reinforcing its commitment to shareholder value. This move comes as part of a larger buyback plan to purchase up to $250 million of its common shares by the end of September 2024.
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