Seadrill Limited (SDRL) has released an update.
Seadrill Limited has successfully completed its share repurchase program, buying back 5,250,707 shares at an average price of $47.61, representing 7.09% of its total issued share count. The program, which ended on June 25, 2024, saw the company invest nearly $250 million. With this strategic move, Seadrill aims to enhance shareholder value and demonstrate confidence in the company’s financial strength.
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