Seadrill Limited (SDRL) has released an update.
Seadrill Limited has been actively buying back its shares, purchasing a total of 482,500 shares at an average price of $43.33 each from August 26 to August 30, 2024, as part of its $200 million share repurchase program. These transactions are part of a larger buyback initiative that has seen Seadrill repurchase 3,082,974 of its own shares, amounting to 4.48% of its total issued share count. The repurchases were conducted on the New York Stock Exchange and are part of an agreement with DNB Markets.
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