Diversified Energy Company plc (GB:DEC) has released an update.
Diversified Energy Company PLC has continued its share buyback program by purchasing 3,750 ordinary shares at a volume-weighted average price of 1,093 pence each, which will be cancelled, thereby reducing the shares in issue to 47,542,179. This move, executed through Peel Hunt LLP, aligns with the company’s June 2023 announcement and reflects its ongoing efforts to enhance shareholder value. Diversified is known for its focus on the responsible production and retirement of natural gas and liquid assets, aiming to generate reliable cash flow and shareholder returns.
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