Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has executed a share buyback program, purchasing 69,609 Ordinary Shares at a volume-weighted average price of $12.2975 per share through Mizuho Securities USA on April 24, 2025.

The purchased shares will be cancelled, reducing the total number of ordinary shares to 80,349,253. The transactions were conducted across multiple trading venues, with prices ranging from $12.12 to $12.41 per share. The largest volume of shares was traded on IEXG (21,125 shares), followed by XNAS (11,895 shares).

Positive

• Share buyback program execution demonstrates company's commitment to returning value to shareholders
• Multiple trading venue execution suggests good market liquidity for the stock

Negative

• None.

Insights

Financial Analyst

Diversified Energy's ongoing share buyback program continues with a small 0.087% reduction in outstanding shares at $12.30 average price.

Diversified Energy Company has repurchased 69,609 ordinary shares at a volume-weighted average price of $12.2975 per share as part of its share buyback program announced on March 20, 2025. This transaction will reduce the company's outstanding shares to 80,349,253 once the purchased shares are cancelled, representing approximately 0.087% of the total outstanding shares.

The total value of this repurchase amounts to approximately $855,846, which is relatively minor compared to the company's market capitalization of $697.9 million. The buyback was executed across multiple trading venues with prices ranging between $12.12 and $12.41 per share.

This transaction represents a continuation of the company's capital allocation strategy through its existing buyback program rather than a new initiative. While share repurchases generally reduce the number of outstanding shares and can incrementally increase earnings per share metrics, the modest size of this particular transaction limits its immediate financial impact on the company's fundamentals.

For investors tracking changes in Diversified Energy's capital structure, the company has provided detailed trade-by-trade execution data as required by market regulations, demonstrating transparency in how it implements its buyback program. The updated share count serves as the new denominator for calculating ownership percentages for disclosure requirement purposes.

DIVERSIFIED ENERGY COMPANY PLC

("Diversified", or the "Company")

DIVERSIFIED ENERGY COMPANY PLC (LSE:DEC, NYSE:DEC) announces that, in accordance with the terms of its share buyback programme announced on 20 March 2025, the Company has purchased 69,609 Ordinary Shares of 20 Pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of 12.2975 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	24 April 2025
Aggregate Number of Ordinary Shares Purchased:	69,609
Lowest Price Paid per Share (USD):	12.2975
Highest Price Paid per Share (USD):	12.41
Volume-Weighted Average Price Paid per Share (USD):	12.12

Following the cancellation of Shares, Diversified will have 80,349,253 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 80,349,253 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 Mizuho Securities USA LLC as part of the buyback programme.

Schedule of Purchases

Shares purchased:	DIVERSIFIED ENERGY COMPANY PLC (ISIN: GB00BQHP5P93)
Dates of purchases:	24 April 2025
Investment firm:	Mizuho Securities USA LLC

Aggregate number of ordinary shares acquired	Daily volume weighted average price paid	Daily highest price paid per share	Daily lowest price per share	Trading Venue
8,394	$12.3533	$12.41	$12.12	ARCX
4,236	$12.2861	$12.41	$12.14	ASPN
858	$12.3275	$12.41	$12.18	BAML
1,106	$12.2850	$12.41	$12.12	BATS
1,952	$12.2409	$12.41	$12.12	BATY
400	$12.3800	$12.38	$12.38	BNPC
600	$12.2729	$12.41	$12.14	EDGA
1,370	$12.3785	$12.40	$12.22	EDGX
400	$12.4000	$12.40	$12.40	HRTF
21,125	$12.2831	$12.41	$12.12	IEXG
64	$12.3400	$12.34	$12.34	JPMX
500	$12.2933	$12.34	$12.27	JSJX
400	$12.2963	$12.34	$12.17	LEVL
173	$12.3500	$12.40	$12.23	MEMX
300	$12.4100	$12.41	$12.41	MSPL
1,371	$12.2906	$12.41	$12.18	SGMT
500	$12.3790	$12.38	$12.38	TRCX
4,767	$12.2960	$12.41	$12.13	UBSA
137	$12.3800	$12.38	$12.38	VFMI
600	$12.2229	$12.39	$12.12	XBOS
153	$12.2500	$12.25	$12.25	XCHI
170	$12.3850	$12.39	$12.38	XCIS
11,895	$12.2766	$12.41	$12.12	XNAS
8,138	$12.2979	$12.41	$12.16	XNYS
Trading venue	Currency	Volume Weighted Average Price	Aggregated volume
NYSE	USD	12.2975	69,609

For further information, please contact:

Diversified Energy Company PLC	+1 973 856 2757
Doug Kris	dkris@dgoc.com
Senior Vice President, Investor Relations & Corporate Communications	www.div.energy

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) buy back on April 24, 2025?

Diversified Energy bought back 69,609 ordinary shares at a volume-weighted average price of $12.2975 per share.

What is the price range of DEC's share buyback on April 24, 2025?

The share buyback prices ranged from $12.12 (lowest) to $12.41 (highest) per share.

How many outstanding shares will DEC have after this buyback?

After the share cancellation, DEC will have 80,349,253 Ordinary Shares outstanding.

Which trading venue had the highest volume for DEC's buyback?

IEXG had the highest trading volume with 21,125 shares, followed by XNAS with 11,895 shares.