Hamilton, Bermuda, December 20, 2023 - The Board of Directors of Seadrill
Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) has resolved to cancel
the 5,817,579 treasury shares acquired under the share repurchase program
announced by the Company on September 12, 2023, with effect as of today. Such
treasury shares represent all shares acquired under the September share
repurchase program, and following this cancellation, the Company will have
74,048,962 issued shares.
When taking into account the shares acquired through December 19, 2023, pursuant
to the share repurchase program announced by the Company on December 14, 2023,
128,000 shares are held by the Company, equal to approximately 0.17% of the
issued shares and votes in the Company.
This information is subject of the disclosure requirements pursuant to sections
4-2 and 5-12 of the Norwegian Securities Trading Act.
Contact Information
For additional information, visit www.seadrill.com.
Benjamin Wiseman
Corporate Finance Manager & Investor Relations
T: +44 786 713 9312
E: benjamin.wiseman@seadrill.com
About Seadrill 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.