Hamilton, Bermuda ,March 4, 2024 -Seadrill Limited ("Seadrill " or the "Company") (NYSE & OSE: SDRL) initiated a share repurchase programDecember 14, 2023 to repurchase up to$250 million of the Company's common shares in open market transactions on the OSE and NYSE until no later thanSeptember 30, 2024 pursuant to an agreement withFearnley Securities AS and its subsidiary,Fearnley Securities, Inc. ("Fearnley"). For the period from and includingFebruary 26, 2024 , throughMarch 1, 2024 , the Company purchased a total of 230,453 shares at an average price of$42.67 per share. The transactions effected through the agreement with Fearnley comprise all the transactions effected by or on behalf of the Company during the period. Transaction Overview Date Trading Venue Volume Weighted Average Share Price (USD)Total Daily Transaction Value (USD)26-Feb-24 OSE 1,180 42.53 50,18426-Feb-24 NYSE 45,070 42.82 1,929,95127-Feb-24 OSE 2,200 42.81 94,17327-Feb-24 NYSE 43,388 42.71 1,853,31028-Feb-24 OSE 3,296 42.32 139,49628-Feb-24 NYSE 41,619 42.50 1,768,80329-Feb-24 OSE 12,000 40.28 483,33729-Feb-24 NYSE 38,000 41.62 1,581,7041-Mar-24 OSE 5,070 42.56 215,7781-Mar-24 NYSE 38,630 44.45 1,717,100 Period Total OSE 23,746 41.40 982,970 Period Total NYSE 206,707 42.82 8,850,869 Period Total Total 230,453 42.67 9,833,838 Previously Disclosed Buybacks under the Program (Accumulated) OSE 310,469 44.80 13,909,566 Previously Disclosed Buybacks under the Program (Accumulated) NYSE 1,666,542 44.49 74,150,653 Previously Disclosed Buybacks under the Program (Accumulated) Total 1,977,011 44.54 88,060,219 Program Total OSE 334,215 44.56 14,892,536 Program Total NYSE 1,873,249 44.31 83,001,521 Program Total Total 2,207,464 44.35 97,894,057 The issuer's holding of own shares: 2,207,464 Following the completion of the above transactions, the Company owned a total of 2,207,464 of its own shares, corresponding to 2.98% of the Company's share capital. Appendix: An overview of all transactions made under the Company's repurchase program and its agreement with Fearnley that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no. Contact informationLydia Brantley Mabry Director of Investor Relations T: +1 (832) 252-7064 E: lydia.mabry@seadrill.com AboutSeadrill Limited Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clients across harsh and benign locations around the globe.Seadrill's high-quality, technologically-advanced fleet spans all asset classes allowing its experienced crews to conduct operations across geographies, from shallow to ultra-deepwater environments.
Click here for more information
© Oslo Bors ASA, source