Seadrill Limited (SDRL) has released an update.
Seadrill Limited has been actively purchasing its own shares under a share repurchase program, buying a total of 191,965 shares between March 18 and March 22, 2024, at an average price of $49.87 per share. Following these transactions, the company now owns 2,817,148 of its own shares, amounting to 3.80% of its share capital. The repurchase initiative, which is set to continue until September 30, 2024, underscores Seadrill’s commitment to enhancing shareholder value.
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