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An update from Borr Drilling ( (BORR) ) is now available.
Borr Drilling Limited has initiated the second tranche of its $20 million share repurchase program, following the completion of the first $10 million tranche. This move is part of a broader $100 million repurchase authorization aimed at reducing share capital to benefit shareholders, with the second tranche to be executed by DNB Markets on the open market by the end of 2024.
More about Borr Drilling
Borr Drilling Limited is a company operating in the oil and gas industry, primarily focused on the provision of offshore drilling services. It is listed on the New York Stock Exchange (NYSE) and the Oslo Stock Exchange (OSE) under the ticker BORR.
YTD Price Performance: -44.78%
Average Trading Volume: 3,268,346
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.01B
See more insights into BORR stock on TipRanks’ Stock Analysis page.
