Seadrill Limited (SDRL) has released an update.
Seadrill Limited has actively pursued its share repurchase program, buying back 189,132 shares at an average price of $50.52 each, amounting to 4.77% of its total issued shares. These transactions were part of a $250 million share repurchase plan executed through Fearnley Securities on both the NYSE and OSE, set to conclude by September 30, 2024. The company’s strategic buybacks underscore its commitment to enhancing shareholder value through capital return initiatives.
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