BlackRock Ups Stake in Diversified Energy Company
Company Announcements

BlackRock Ups Stake in Diversified Energy Company

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

In a recent notification of major holdings, BlackRock, Inc. has reported an increase in their voting rights in Diversified Energy Company PLC, now owning a combined total of 9.01%, crossing the significant threshold on September 18, 2024. The investment behemoth’s total voting rights are primarily through direct shares and financial instruments such as securities lending and contracts for difference (CFDs). This notable change in shareholding structure could have implications for the company’s strategic direction and governance.

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

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