The latest announcement is out from Diversified Energy Company ( (GB:DEC) ).
Diversified Energy Company PLC has executed a share buyback program, purchasing 12,000 ordinary shares at an average price of 1,031.67 pence per share. The acquired shares will be canceled, reducing the total number of shares in issue to 80,820,961. This move is part of the company’s strategy to enhance shareholder value and reflects its commitment to responsible financial management.
More about Diversified Energy Company
Diversified Energy Company PLC is a leading publicly traded energy company specializing in the production, transport, marketing, and well retirement of natural gas and liquids. The company focuses on acquiring long-life assets and enhancing their environmental and operational performance, ultimately retiring them safely. Diversified is recognized for its sustainability leadership and aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.
YTD Price Performance: -21.36%
Average Trading Volume: 174,106
Technical Sentiment Signal: Buy
Current Market Cap: £832M
For an in-depth examination of DEC stock, go to TipRanks’ Stock Analysis page.