Dec 05, 2023
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $64.40 to $1288.00.
The split itself did not change the total investment value.
Diversified Energy Company (LSE:DEC) operates in the Oil & gas production industry.
Diversified Energy Company company overviewDiversified Energy Company's most recent stock split was on December 5, 2023. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Diversified Energy Company has split its stock once. This history records one reverse split, on December 5, 2023.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Diversified Energy Company's 1-for-20 reverse split on December 5, 2023, every 20 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Diversified Energy Company has not announced a new split in our records. Its most recent split was on December 5, 2023, 2 years ago. Companies announce splits in advance, and any new LSE:DEC split will appear on this page.