Seadrill Limited (SDRL) has released an update.
Seadrill Limited has successfully completed its share repurchase program, buying back 5,250,707 shares for a total of nearly $250 million by June 25, 2024. The repurchased shares represent 7.09% of the company’s total issued share count, with the average purchase price per share at $47.61. This strategic move underlines Seadrill’s commitment to enhancing shareholder value.
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