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Riverstone Energy Limited Repurchases Shares to Enhance Value
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Riverstone Energy Limited Repurchases Shares to Enhance Value

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Riverstone Energy Limited ( (GB:RSE) ) has issued an announcement.

Riverstone Energy Limited announced the repurchase of 5,145 ordinary shares on the London Stock Exchange at an average price of 780.01 per share. This transaction reduces the total number of shares in issue to 25,315,546, indicating a strategic move to potentially enhance shareholder value through share cancellation.

More about Riverstone Energy Limited

Riverstone Energy Limited is a closed-ended investment company focused on the energy industry, with its shares listed on the London Stock Exchange under the symbol RSE. The company has a diversified portfolio of investments across decarbonisation, oil and gas, renewable energy, and power sectors, operating in regions such as the Continental U.S., Western Canada, Europe, and Australia.

YTD Price Performance: 1.02%

Average Trading Volume: 27,657

Technical Sentiment Consensus Rating: Sell

Learn more about RSE stock on TipRanks’ Stock Analysis page.

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