Riverstone Energy Limited (GB:RSE) has released an update.
Riverstone Energy Limited has recently bought back 25,000 of its ordinary shares at a uniform price of 800.00 each, with plans to cancel these shares, thereby reducing the number of shares in issue to 26,080,784. The company, which is listed on the London Stock Exchange and deals in energy investments, also informed shareholders of the rebranding of its investment Crescent Point Energy Corp. to Veren Inc. This move is part of REL’s broader strategy within the energy sector that includes investments across decarbonization, oil and gas, renewable energy, and power.
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