Diversified Energy Executes Share Buyback Program

Story Highlights
  • Diversified Energy specializes in natural gas and liquids production and well retirement.
  • The company bought back 15,000 shares, affecting its total share count and shareholder calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Diversified Energy Executes Share Buyback Program

Diversified Energy Company ( (GB:DEC) ) just unveiled an announcement.

Diversified Energy Company PLC has executed a share buyback program, purchasing 15,000 ordinary shares at an average price of 1,052.33 pence per share, with plans to cancel these shares. This move will result in a total of 80,805,961 ordinary shares in issue, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

More about Diversified Energy Company

Diversified Energy Company PLC is a leading publicly traded energy company specializing in natural gas and liquids production, transport, marketing, and well retirement. The company focuses on acquiring long-life assets to enhance their environmental and operational performance, ultimately retiring them safely. Diversified is recognized for its sustainability leadership and aims to responsibly produce energy while delivering reliable cash flow and shareholder value.

YTD Price Performance: -19.00%

Average Trading Volume: 173,904

Technical Sentiment Signal: Buy

Current Market Cap: £838M

Find detailed analytics on DEC stock on TipRanks’ Stock Analysis page.

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