StockWatch
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Oil & Gas Production
BuybackJun 22, 2026, 04:47 PM

Seadrill Extends Share Repurchase Program to Dec 31, 2026

AI Summary

Seadrill Limited announced the extension of its share repurchase program through December 31, 2026. The program, initially authorized for $500 million, had approximately $208 million remaining as of June 19, 2026, and was previously scheduled to end on June 25, 2026. This extension reflects the company's ongoing commitment to delivering shareholder returns.

Key Highlights

  • Share repurchase program extended to run through December 31, 2026.
  • Original program authorized $500 million for share repurchases.
  • Approximately $208 million remained available under the program as of June 19, 2026.
  • The program was previously set to terminate on June 25, 2026.