Seadrill (SDRL) Limited announced that it has extended its share repurchase program, as part of its ongoing commitment to deliver shareholder returns. As previously announced, the company’s Board of Directors authorized a $500M share repurchase program that would terminate on June 25, 2026. As of June 19, 2026, approximately $208M of the $500M authorized amount remained available under the Repurchase Program. On June 22, 2026, the Board authorized an extension of the Repurchase Program to run through December 31, 2026.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SDRL:
- Seadrill Expands and Extends Senior Secured Revolving Credit Facility
- Seadrill Announces $600 Million Senior Notes Offering
- Seadrill announces private offering of $600M senior notes
- Seadrill Shareholders Approve Governance Measures and Incentive Plan
- Seadrill Lifts Outlook After Strong Q1 Earnings Call
