Seadrill Ltd. (SDRL) Extends Share Buyback

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Go back to Seadrill Ltd. (SDRL) Extends Share Buyback

Seadrill Initiates Extension of Share Repurchase Program

June 25, 2024 6:16 PM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Seadrill Limited (Seadrill or the Company) (NYSE & OSE: SDRL) today announced that it has continued progress on its share repurchase program, as part of its ongoing commitment to deliver shareholder returns. The Company completed the $250 million share repurchase program initiated in December 2023 and will cancel the acquired shares. As previously announced, the Companys Board of Directors authorized a new $500 million share repurchase program that will run for a period of two years from the completion of the 2023 program. As an initial step under the new repurchase program, the Board has... More