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Seadrill Limited Advances Share Buyback Plan
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Seadrill Limited Advances Share Buyback Plan

Seadrill Limited (SDRL) has released an update.

Seadrill Limited has actively pursued its share repurchase program, buying back 192,150 shares for an average price of $50.04 each, amounting to a total of $9.6 million. This recent activity, part of a larger $250 million repurchase plan running until September 30, 2024, has resulted in the company owning 5.03% of its total issued shares. The company is recognized for its global offshore drilling operations, employing advanced technology to service a range of locations.

For further insights into SDRL stock, check out TipRanks’ Stock Analysis page.

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