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Seadrill Says DNB Bank Has Sold 1 Million Shares in The Company

By Dominic Chopping


Norwegian offshore oil-rig operator Seadrill Ltd. said Thursday that DNB Bank ASA has sold 1 million shares in Seadrill for 425 million Norwegian kroner ($41.2 million).

DNB Bank sold the shares at a price of NOK425 a share and after completion of the offering it holds 2.4 million shares in the company, representing around 4.87% of Seadrill's outstanding shares and votes.


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(END) Dow Jones Newswires

February 09, 2023 03:46 ET (08:46 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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