Borr Drilling (BORR) has released an update.
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Borr Drilling Limited has seen a notable insider transaction as Drew Holdings Ltd., closely linked to Chairman Tor Olav Trøim, acquired 1.5 million shares at approximately $3.93 each. This purchase boosts Mr. Trøim’s total holdings in the company to over 17.7 million shares, highlighting strong insider confidence in Borr Drilling’s future prospects.
For further insights into BORR stock, check out TipRanks’ Stock Analysis page.