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Diversified Energy Company ( (DEC) ) just unveiled an update.
Diversified Energy Company has repurchased 144,395 shares of its common stock on the market at a volume-weighted average price of $14.0275 per share under its previously announced share buyback program, with the transaction executed through Mizuho Securities USA. The acquired shares will be cancelled, reducing the company’s outstanding share count to 78,415,731, a move that modestly enhances per-share metrics and provides an updated reference point for investors monitoring their holdings under UK disclosure and transparency rules.
More about Diversified Energy Company
Diversified Energy Company is a publicly traded energy firm focused on acquiring, operating, and optimizing cash-generating, long-life energy assets. The company’s strategy centers on purchasing existing production assets, enhancing their environmental and operational performance, and ultimately retiring them safely, with an emphasis on sustainability, reliable free cash flow generation, and long-term shareholder value.
For detailed information about DEC stock, go to TipRanks’ Stock Analysis page.