Drawing significant hedge fund interest, Diversified Energy Company PLC (NYSE:DEC) secures a spot on our list of the 13 Best Oil Refinery Stocks to Buy Right Now.
A row of massive oil rigs in a desert landscape, against a setting sun.
On August 4, 2025, Diversified Energy Company PLC (NYSE:DEC) repurchased 53,431 ordinary shares at a volume-weighted average price of $14.35. A day later, on August 5, it bought 306 more shares at $14.35 per share. Mizuho Securities USA LLC carried out both transactions. Furthermore, all shares will be canceled, reducing the total number of outstanding shares.
These transactions fall under Diversified Energy Company PLC (NYSE:DEC)’s buyback initiative announced in March, which aims to optimize capital allocation and enhance shareholder returns. The company’s outstanding shares total 77,935,467 as of the time of the latest cancellations.
Diversified Energy Company PLC (NYSE:DEC), based in the U.S., owns and operates natural gas and oil wells.
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