Transaction in Own Shares
Portfolio Pulse from
Diversified Energy Company PLC has purchased 12,000 of its own ordinary shares through Peel Hunt LLP at a volume-weighted average price of 1,031.67 pence per share. Following the buyback, the company will have 80,820,961 ordinary shares in issue, with no shares held in treasury.
April 01, 2025 | 6:15 am
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NEUTRAL IMPACT
Company purchased 12,000 shares as part of its previously announced buyback program, which may slightly support stock price through reduced share count.
Share buybacks typically have a neutral to slightly positive impact on stock price by reducing outstanding shares and potentially increasing earnings per share.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100