Borr Drilling Limited – Approval of Share Repurchase Program
Source: www.gulfoilandgas.com 12/8/2023, Location: South America
The board of directors in Borr Drilling Limited (the “Company”) has approved a share repurchase program for the Company’s shares, to be purchased in the open market and limited to a total amount of USD 100,000,000.
The timing and amount of any shares repurchased will be determined by the company based on its evaluation of market conditions and other factors and as permitted by securities laws and other legal requirements. The authorization does not have a fixed expiration and the repurchase program may be suspended or discontinued at any time.