Diversified Energy Announces Secondary Offering of Common Stock | DEC Stock News
Diversified Energy Company has announced a secondary offering of 7,501,585 shares of its common stock, managed by an affiliate of EIG. The company intends to repurchase up to 3,900,000 shares from the underwriter at the offering price. Citigroup is the sole bookrunning manager for the offering, which is subject to market conditions. Diversified will not receive any proceeds from this offering, and the shares will be sold through various methods on the New York Stock Exchange. A registration statement has been filed with the SEC.
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