Seadrill Limited (SDRL) has released an update.
Seadrill Limited has actively pursued its share repurchase program, buying back 196,485 shares for an average price of $49.15 each, as part of its plan to repurchase up to $250 million in shares by September 30, 2024. These recent transactions have increased the company’s total repurchased shares to 3,918,295, which represents 5.29% of its issued share count. This move underscores Seadrill’s commitment to shareholder value and confidence in its financial stability.
For further insights into SDRL stock, check out TipRanks’ Stock Analysis page.
