Diversified Energy Executes Strategic Share Buyback

Diversified Energy Executes Strategic Share Buyback

Diversified Energy Company (GB:DEC) has released an update.

Diversified Energy Company PLC has executed a share buyback, purchasing 81,292 of its own ordinary shares at an average price of 924.05 pence each, which will be subsequently cancelled. This action is part of a previously announced share buyback program and leaves the company with 49,043,200 ordinary shares in issue post-cancellation. Diversified is an energy firm committed to the responsible production of natural gas and liquids, focusing on sustainability and shareholder value.

For further insights into GB:DEC stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App