Diversified Energy Company (GB:DEC) has released an update.
Diversified Energy Company PLC has recently executed a share buyback, purchasing 48,256 of its own shares at an average price of 1,020.57 pence per share. Following the buyback, the company will cancel the acquired shares, resulting in a revised total of 47,133,173 shares in issue. This move is part of Diversified’s strategy to manage capital and generate shareholder value, as it continues to focus on the responsible production of energy and long-term asset stewardship.
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