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Diversified Energy Company ( (DEC) ) just unveiled an announcement.
Diversified Energy Company has repurchased 143,851 shares of its common stock on the market at a volume-weighted average price of $13.5071 per share under its previously announced share buyback program, with the transactions executed through Mizuho Securities USA. The acquired shares will be cancelled, reducing the company’s outstanding share count to 78,271,880 and potentially enhancing per-share metrics, while also updating the denominator shareholders must use when assessing disclosure thresholds under UK transparency rules.
More about Diversified Energy Company
Diversified Energy Company is a publicly traded energy company focused on acquiring, operating, and optimizing cash-generating, long-life energy assets. The company’s strategy centers on buying existing producing assets, improving their environmental and operational performance, and ultimately retiring them in a safe and environmentally secure manner, aiming to deliver reliable free cash flow and long-term shareholder value.
For detailed information about DEC stock, go to TipRanks’ Stock Analysis page.