Seadrill Ltd Extends Share Repurchase Program to Dec 31, 2026

What Happened

• On June 22, 2026, Seadrill Limited (SDRL) announced via press release that it has extended its share repurchase program to run through December 31, 2026. The announcement was furnished on Form 8‑K (Item 7.01, Regulation FD disclosure) and the press release is attached as Exhibit 99.1 to the filing.

Key Details

• Filing date: June 22, 2026 (Current Report on Form 8‑K).
• Share repurchase program extended through: December 31, 2026.
• Press release describing the extension is included as Exhibit 99.1 to the 8‑K.
• This 8‑K does not disclose specific repurchase amounts, authorization limits, timing or funding details.

Why It Matters

• Extending a share repurchase program signals management’s intent to continue returning capital to shareholders, which can reduce outstanding shares and potentially support earnings per share and share price over time.
• Because this filing does not provide dollar amounts, limits or a buyback schedule, investors should review the company’s press release and watch for follow‑up disclosures (e.g., future 8‑Ks or periodic reports) for details on actual repurchases, funding and potential impact on liquidity.