4m shares being bought back - lots left 🫤9 Mar 2026 21:56
RNS just now:
Diversified Energy Announces Secondary Offering of Common Stock
Summary
An EIG-affiliate is offering all remaining 7,501,585 shares of Diversified Energy in an underwritten secondary offering (Citigroup sole bookrunner; shelf registration filed and effective Mar 9, 2026), and Diversified may repurchase up to 3,900,000 shares at the underwriter’s purchase price but is not selling shares or receiving proceeds. The offering is subject to market and customary closing conditions and may not complete—raising short-term downward pressure from increased supply while a potential partial repurchase could partially support the share price, though timing and terms are uncertain.