Borr Drilling Limited - Update on Share Repurchase Program
Hamilton, Bermuda, December 12, 2024. Borr Drilling Limited (“Borr Drilling” or the “Company”) (NYSE and OSE: BORR) refers to i) its announcement on 6 November 2024, where the Company announced the authorization by its Board of Directors of a commitment to repurchase $20 million worth of shares within year end 2024, under its previously announced $100 million share repurchase authorization, and ii) the announcement on November 20, 2024, where the Company announced the completion of the first $10 million repurchases under the $20 million authorization (the “First Tranche”). The Company