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CDEV - Centennial Resource Development slides after REL US sold $2.8M shares
Centennial Resource Development Inc.
Centennial Resource Development (NASDAQ:CDEV) fell 5% after the director and 10% owner of the company REL US Centennial Holdings sold 307,704 shares at $9.13 each, worth ~ $2.8M. The transaction takes its indirect ownership to ~72.55M shares. SEC Filing Quick look at the company's ownership structure: Also Read: Centennial Resource announces $350M stock buyback plan