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Seadrill Limited Progresses With Share Buyback Plan

Seadrill Limited Progresses With Share Buyback Plan

Seadrill Limited (SDRL) has released an update.

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Seadrill Limited has actively pursued its share repurchase program, buying back 436,974 shares at an average price of $43.33 per share between August 19 and August 23, 2024. This recent activity is part of a larger initiative to repurchase up to $200 million of its common shares by September 25, 2025, which now totals 2,600,474 shares, amounting to 3.78% of the company’s issued share count.

For further insights into SDRL stock, check out TipRanks’ Stock Analysis page.

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