Seadrill Ltd. Reports Share Repurchase Program Transactions
Ticker: SDRL · Form: 6-K · Filed: May 13, 2024 · CIK: 1737706
Sentiment: neutral
Topics: share-repurchase, sec-filing, disclosure
Related Tickers: SDRL
TL;DR
Seadrill bought back some stock, filing 6-K today.
AI Summary
Seadrill Limited announced on May 13, 2024, that it has made transactions under its share repurchase program. The company, incorporated in Bermuda, filed a Form 6-K with the SEC to report these activities.
Why It Matters
This filing indicates Seadrill is actively managing its share count, which can impact earnings per share and shareholder value.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of share repurchase activity and does not indicate significant new risks.
Key Players & Entities
- Seadrill Limited (company) — Registrant
- 001-39327 (company) — SEC File Number
- May 13, 2024 (date) — Announcement Date
FAQ
What is the purpose of this Form 6-K filing?
The purpose of this Form 6-K filing is to report transactions made by Seadrill Limited under its share repurchase program.
When was this announcement made?
The announcement regarding the share repurchase program transactions was made on May 13, 2024.
What is Seadrill Limited's SEC file number?
Seadrill Limited's SEC file number is 001-39327.
Where is Seadrill Limited's principal executive office located?
Seadrill Limited's principal executive office is located at Park Place, 55 Par-la-Ville Road, Hamilton HM 11, Bermuda.
Does Seadrill Limited file annual reports under Form 20-F or Form 40-F?
Seadrill Limited indicates that it files annual reports under cover of Form 20-F.
Filing Stats: 565 words · 2 min read · ~2 pages · Grade level 9.5 · Accepted 2024-05-13 16:21:01
Key Financial Figures
- $250 million — m December 14, 2023 to repurchase up to $250 million of the Company's common shares in open
- $51.25 — f 186,100 shares at an average price of $51.25 per share. The transactions effected th
Filing Documents
- routinebuybackannouncement.htm (6-K) — 36KB
- image_0.jpg (GRAPHIC) — 1KB
- image_6.jpg (GRAPHIC) — 1KB
- 0001628280-24-022907.txt ( ) — 38KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SEADRILL LIMITED Date May 13, 2024 By s Grant Creed Name Grant Creed Title Chief Financial Officer THIS REPORT ON FORM 6-K IS HEREBY INCORPORATED BY REFERENCE INTO (I) THE REGISTRATION STATEMENT ON FORM F-3 (NO. 333-271916) ORIGINALLY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MAY 15, 2023 AND (II) THE REGISTRATION STATEMENT ON FORM S-8 (NO. 333-276710) ORIGINALLY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JANUARY 26, 2024.