Seadrill Limited (SDRL) has released an update.
Seadrill Limited has been actively repurchasing its shares, acquiring a total of 148,494 shares at an average price of $51.40 each, from May 27 to May 31, 2024. This recent activity is part of a larger share repurchase program, which aims to buy back up to $250 million worth of shares by September 30, 2024. Following the latest transactions, Seadrill has repurchased 6.24% of its total issued shares, evidencing a significant investment back into the company.
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