Seadrill Limited (SDRL) has released an update.
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Seadrill Limited has been actively participating in a share repurchase program, buying back shares from the market to reach a total of 923,355 shares, which now represents 1.34% of the company’s issued share count. Between July 22 and July 26, 2024, Seadrill purchased 158,387 shares at an average price of $54.77 per share. This buyback activity is part of a larger plan to repurchase up to $200 million of its common shares by September 2025.
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