Seadrill Limited (SDRL) has released an update.
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Seadrill Limited has been actively purchasing its own shares, with a total of 327,345 shares acquired at an average price of $51.77 per share from July 29 to August 2, 2024. This is part of a larger share repurchase program amounting to $200 million, which is set to run until September 30, 2025. Following these transactions, the company’s total repurchased shares amount to 1.82% of its issued share count.
For further insights into SDRL stock, check out TipRanks’ Stock Analysis page.