Diversified Energy Company (GB:DEC) has released an update.
Diversified Energy Company PLC has executed a share buyback, purchasing 3,750 ordinary shares at a volume weighted average price of 1,068 pence each, which will be cancelled to potentially enhance shareholder value. This move follows the buyback programme announced on 27 June 2023 and comes as part of the company’s effort to responsibly produce energy and generate reliable cash flow. Post-cancellation, the company will have 47,297,679 ordinary shares in issue, a figure for shareholders to note for disclosure requirements.
For further insights into GB:DEC stock, check out TipRanks’ Stock Analysis page.
