6-K - SDRL - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 6-K

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REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2024

Commission File Number 001-39327

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SEADRILL LIMITED

(Exact name of Registrant as specified in its Charter)

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Park Place

55 Par-la-Ville Road Hamilton HM 11 Bermuda

(Address of principal executive office)

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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Seadrill Announces Transactions Made Under the Company’s Share Repurchase Program

Hamilton, Bermuda, Aug 12, 2024 - Seadrill Limited (“Seadrill” or the “Company”) (NYSE & OSE: SDRL) initiated a share repurchase program June 26, 2024 to repurchase up to $200 million of the Company’s common shares in open market transactions on the OSE and NYSE through September 25, 2024 until no later than September 30, 2025 pursuant to an agreement with DNB Markets (“DNB”).

For the period from and including August 5, 2024, through August 9, 2024, the Company purchased a total of 515,300 shares at an average price of $45.43 per share. The transactions effected through the agreement with DNB 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 ()	Total Daily Transaction Value (USD)
05 AUG 2024		OSE		1,350		47.64	64,314
05 AUG 2024		NYSE		101,000		47.04	4,751,130
06 AUG 2024		OSE		1,400		46.68	65,357
06 AUG 2024		NYSE		126,000		45.40	5,720,765
07 AUG 2024		OSE		1,450		46.25	67,061
07 AUG 2024		NYSE		66,000		45.00	2,969,993
08 AUG 2024		OSE		3,000		44.25	132,744
08 AUG 2024		NYSE		66,000		45.08	2,975,511
09 AUG 2024		OSE		3,100		45.12	139,890
09 AUG 2024		NYSE		146,000		44.68	6,524,433
Period total		OSE		10,300		45.57	469,366
	NYSE		505,000		45.43
	Total		515,300		45.43
Previously disclosed totals (accumulated)		OSE		18,015		52.30	942,262
	NYSE		1,232,685		52.40
	Total		1,250,700		52.40
Program total		OSE		28,315		49.85	1,411,628
	NYSE		1,737,685		50.37
	Total		1,766,000		50.37

All values are in US Dollars.

The issuer’s holding of repurchased shares: 1,766,000

Following the completion of the above transactions, the Company has repurchased a total of 1,766,000 of its own shares, corresponding to 2.57% of the Company’s total issued share count.

Appendix: An overview of all transactions made under the Company’s repurchase program and its agreement with DNB that have been carried out during the above-mentioned period is attached to this report and available at www.newsweb.no.

About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadrill safely, efficiently, and responsibly unlocks oil and gas resources for national, integrated, and independent oil companies. For further information, visit www.seadrill.com.

Contact

Lydia Brantley Mabry

Director of Investor Relations

ir@seadrill.com

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: August 12, 2024
	By:	/s/ Grant Creed<br><br>Name: Grant Creed<br><br>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.