Transaction in Own Shares
Diversified Energy Company PLC (LSE: DEC) has executed a share buyback program, purchasing 10,000 ordinary shares at a volume-weighted average price of 826.50 pence per share on April 9, 2025. The transaction was conducted through Peel Hunt LLP, with individual purchase prices ranging from 823.00 to 830.00 pence per share.
The acquired shares will be cancelled, resulting in a total of 80,628,862 ordinary shares remaining in issue. This updated share count will serve as the denominator for shareholders' interest calculations under FCA's Disclosure Guidance and Transparency Rules.
Diversified Energy Company PLC (LSE: DEC) ha avviato un programma di riacquisto di azioni, acquistando 10.000 azioni ordinarie a un prezzo medio ponderato per volume di 826,50 pence per azione il 9 aprile 2025. La transazione è stata effettuata tramite Peel Hunt LLP, con prezzi di acquisto individuali che variano da 823,00 a 830,00 pence per azione.
Le azioni acquisite saranno annullate, portando il totale delle azioni ordinarie in circolazione a 80.628.862. Questo conteggio aggiornato delle azioni servirà come denominatore per i calcoli degli interessi degli azionisti secondo le Normative di Trasparenza e Divulgazione della FCA.
Diversified Energy Company PLC (LSE: DEC) ha ejecutado un programa de recompra de acciones, comprando 10,000 acciones ordinarias a un precio promedio ponderado por volumen de 826.50 peniques por acción el 9 de abril de 2025. La transacción se realizó a través de Peel Hunt LLP, con precios de compra individuales que varían de 823.00 a 830.00 peniques por acción.
Las acciones adquiridas serán canceladas, resultando en un total de 80,628,862 acciones ordinarias en circulación. Este conteo actualizado de acciones servirá como denominador para los cálculos de interés de los accionistas bajo las Normas de Divulgación y Transparencia de la FCA.
다양화된 에너지 회사 PLC (LSE: DEC)는 2025년 4월 9일 주당 826.50펜스의 거래량 가중 평균 가격으로 10,000주를 매입하는 주식 매입 프로그램을 실행했습니다. 이 거래는 Peel Hunt LLP를 통해 진행되었으며, 개별 매입 가격은 주당 823.00에서 830.00펜스 사이였습니다.
매입된 주식은 취소되어 발행된 보통주가 총 80,628,862주로 남게 됩니다. 이 업데이트된 주식 수는 FCA의 공시 지침 및 투명성 규칙에 따라 주주 이익 계산의 분모로 사용될 것입니다.
Diversified Energy Company PLC (LSE: DEC) a mis en œuvre un programme de rachat d'actions, achetant 10 000 actions ordinaires à un prix moyen pondéré par le volume de 826,50 pence par action le 9 avril 2025. La transaction a été réalisée par l'intermédiaire de Peel Hunt LLP, avec des prix d'achat individuels variant de 823,00 à 830,00 pence par action.
Les actions acquises seront annulées, ce qui laissera un total de 80 628 862 actions ordinaires en circulation. Ce nombre d'actions mis à jour servira de dénominateur pour les calculs de l'intérêt des actionnaires selon les Règles de divulgation et de transparence de la FCA.
Diversified Energy Company PLC (LSE: DEC) hat ein Aktienrückkaufprogramm durchgeführt und am 9. April 2025 10.000 Stammaktien zu einem volumengewichteten Durchschnittspreis von 826,50 Pence pro Aktie erworben. Die Transaktion wurde über Peel Hunt LLP abgewickelt, wobei die einzelnen Kaufpreise zwischen 823,00 und 830,00 Pence pro Aktie lagen.
Die erworbenen Aktien werden annulliert, was zu insgesamt 80.628.862 ausgegebenen Stammaktien führt. Diese aktualisierte Aktienanzahl dient als Nenner für die Berechnungen des Aktionärsinteresses gemäß den Offenlegungsrichtlinien und Transparenzregeln der FCA.
- Share buyback program reduces total shares outstanding, potentially increasing value for remaining shareholders
- Cash outflow of approximately £82,650 for share repurchases
Insights
Diversified Energy's latest share buyback activity demonstrates continued execution of its capital allocation strategy announced on March 20. The company purchased 10,000 ordinary shares at a volume-weighted average price of 826.50 pence per share, with the acquired shares slated for cancellation.
While this specific transaction represents just 0.012% of the company's outstanding shares, it's part of a systematic share repurchase program. After cancellation, DEC will have 80,628,862 ordinary shares outstanding, gradually increasing the proportional ownership stake of remaining shareholders.
Share buybacks typically signal management's confidence in the company's intrinsic value and future prospects. By reducing the number of outstanding shares, the company can enhance earnings per share metrics even without operational improvements. The transaction price range (823.00-830.00 pence) provides insight into management's valuation perspective.
However, the scale of this specific repurchase means immediate financial impact will be minimal. Investors should view this as incremental execution of the previously announced program rather than a significant new development. The consistent implementation suggests management's commitment to its stated capital return strategy despite market fluctuations.
DIVERSIFIED ENERGY COMPANY PLC
("Diversified", or the "Company")
Transaction in Own Shares
Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) announces that, in accordance with the terms of its share buyback program announced on 20 March 2025, the Company has purchased 10,000 Ordinary Shares of 20 pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of 826.50 pence per Share through Peel Hunt LLP ("Peel Hunt"). The Shares acquired will, in due course, be cancelled.
Aggregated Information
| Date of Purchase | 09 April 2025 |
| Aggregate Number of Ordinary Shares Purchased: | 10,000 |
| Lowest Price Paid per Share (pence): | 823.00 |
| Highest Price Paid per Share (pence): | 830.00 |
| Volume-Weighted Average Price Paid per Share (pence): | 826.50 |
Following the cancellation of Shares, Diversified will have 80,628,862 Ordinary Shares of 20 pence each in issue and no Ordinary Shares are held in treasury. This figure of 80,628,862 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), (as in force in the UK and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019), the table below contains detailed information of the individual trades made by Peel Hunt as part of the buyback program.
Schedule of Purchases
| Shares purchased: | DIVERSIFIED ENERGY COMPANY PLC (ISIN: GB00BQHP5P93) |
| Dates of purchases: | 09 April 2025 |
| Investment firm: | Peel Hunt LLP |
| Number of shares purchased | Transaction price (GBP per share) | Trading venue | Transaction date and time | Trade ID |
| 5,000 | 830.00 | XLON | 08:34:54 | 00175557577TRLO0 |
| 3,639 | 823.00 | XLON | 09:44:56 | 00175567262TRLO0 |
| 1,361 | 823.00 | XLON | 09:45:09 | 00175567283TRLO0 |
For further information, please contact:
| Diversified Energy Company PLC | +1 973 856 2757 |
| Doug Kris | dkris@dgoc.com |
| www.div.energy | |
| FTI Consulting | dec@fticonsulting.com |
| U.S. & UK Financial Public Relations | |
About Diversified Energy Company PLC
Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.
FAQ
How many shares did Diversified Energy (DEC) purchase in its latest buyback transaction?
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