Seadrill Ltd (SDRL)

[Dan40]

Robinhood Reply:

Thanks for reaching out, and we apologize for any inconvenience this may have caused.

SDRL is executing a mandatory exchange at a rate of 0.0037345 new SDRL shares per 1 SDRL share previously held.

You won’t be able to trade this stock while our team works to process the corporate action.

Once we have information to report, you'll be able to find details on our corporate tracker.

Keep in mind, if a stock you own goes through a corporate action, the average cost displayed in your app may be different than the dollar amount you originally spent. This won’t affect your account balance, cost basis, or the value of your positions.

We appreciate your patience while we process this corporate action.