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Diversified Energy Company ( (DEC) ) has shared an update.
Diversified Energy Company has repurchased 145,914 shares of its common stock on the open market under its previously announced share buyback program, paying a volume-weighted average price of $14.0956 per share through Mizuho Securities USA. The acquired shares will be cancelled, reducing the company’s outstanding share count to 78,884,330 and slightly increasing existing shareholders’ proportional ownership, while also setting a new reference figure for investors’ regulatory disclosure calculations under UK transparency rules.
More about Diversified Energy Company
Diversified Energy Company is a publicly traded energy company that focuses on acquiring, operating and optimizing cash-generating, long-life energy assets. The company’s strategy centers on purchasing existing assets, investing to enhance their environmental and operational performance, and ultimately retiring them in a safe and environmentally secure manner, positioning Diversified as a sustainability-focused producer of reliable cash flow and shareholder value within the energy sector.
See more data about DEC stock on TipRanks’ Stock Analysis page.