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Diversified Energy Undertakes Share Buyback
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Diversified Energy Undertakes Share Buyback

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

Diversified Energy Company PLC has executed a share buyback, purchasing 3,750 ordinary shares at 1,094 pence each, which will be subsequently cancelled, as part of its share buyback program initiated on 27 June 2023. This transaction reduces the total number of ordinary shares in issue, potentially impacting shareholder stakes. The company, known for its focus on natural gas and sustainability, strategically acquires and improves long-life assets prior to their retirement.

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

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