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Diversified Energy Executes Share Buyback to Enhance Shareholder Value

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Diversified Energy Executes Share Buyback to Enhance Shareholder Value

Diversified Energy Company ( (GB:DEC) ) has shared an announcement.

Diversified Energy Company PLC has executed a share buyback program, purchasing 41,876 ordinary shares at an average price of 1,030.42 pence per share, with plans to cancel these shares. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its ongoing commitment to operational efficiency and financial stewardship.

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 and enhancing their environmental and operational performance, with a commitment to sustainability and generating shareholder value.

YTD Price Performance: -21.36%

Average Trading Volume: 174,106

Technical Sentiment Signal: Buy

Current Market Cap: £832M

See more data about DEC stock on TipRanks’ Stock Analysis page.

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