Diversified Energy Company (GB:DEC) has released an update.
Diversified Energy Company PLC has reported that BlackRock, Inc. has altered its holdings, crossing a voting rights threshold on September 24, 2024. The investment giant now possesses a total of 8.51% in voting rights, a change from its previous notification, with both direct shares and financial instruments like securities lending and CFDs contributing to this stake. This change in shareholding composition could signal shifting investor confidence and influence within the UK-based energy company.
For further insights into GB:DEC stock, check out TipRanks’ Stock Analysis page.