Seadrill Limited (SDRL) has released an update.
Seadrill Limited has actively engaged in its share repurchase program, buying back 516,218 shares, which represents 0.76% of its total issued shares. The repurchase program, which commenced on June 26, 2024, and will run until September 30, 2025, has a maximum allocation of $200 million for stock buybacks. Through the period of July 8-12, 2024, the company purchased shares at an average price of $51.36.
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