Brief: SD Standard Drilling Initiates Share Buy-Back Program

SD Standard Etc

08/12/2020 07:32

Dec 8 (Reuters) - SD Standard Drilling PLC  SDSD.OL :
    * HAS AUTHORIZED A SHARE BUY-BACK PROGRAM TO PURCHASE UP TO
AN
AGGREGATE OF 14,284,499 SHARES OF COMPANY'S COMMON SHARES
    * IF AMOUNT OF SHARES IS PURCHASED IN FULL, CO WILL HOLD A
TOTAL
OF 57,602,642 SHARES, CORRESPONDING TO 10% OF OUTSTANDING SHARES
IN CO
    * BUY-BACK PROGRAM WILL BE INITIATED TODAY AND ENDS AT
LATEST 3
JUNE, 2021

Source text for Eikon:  ID:nObiwpFvPa 
Further company coverage:  SDSD.OL 

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