Transaction in Own Shares
Diversified Energy Company (LSE: DEC) (NYSE: DEC) has executed a share buyback program, purchasing 5,000 Ordinary Shares at a volume weighted average price of 1p per share through Peel Hunt LLP. The acquired shares will be cancelled, reducing the total number of outstanding Ordinary Shares to 80,985,155.
This updated share count will serve as the denominator for shareholders' calculations regarding interest notifications under the FCA's Disclosure Guidance and Transparency Rules. The transaction was conducted in compliance with Article 5(1)(b) of the Market Abuse Regulation.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) ha avviato un programma di riacquisto di azioni, acquistando 5.000 Azioni Ordinarie a un prezzo medio ponderato per volume di 1p per azione tramite Peel Hunt LLP. Le azioni acquisite saranno annullate, riducendo il numero totale di Azioni Ordinarie in circolazione a 80.985.155.
Questo numero aggiornato di azioni servirà come denominatore per i calcoli degli azionisti riguardanti le notifiche di interesse secondo le Regole di Trasparenza e di Divulgazione della FCA. La transazione è stata effettuata in conformità con l'Articolo 5(1)(b) del Regolamento sul Mercato Abusivo.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) ha ejecutado un programa de recompra de acciones, adquiriendo 5,000 Acciones Ordinarias a un precio medio ponderado por volumen de 1p por acción a través de Peel Hunt LLP. Las acciones adquiridas serán canceladas, reduciendo el número total de Acciones Ordinarias en circulación a 80,985,155.
Este recuento de acciones actualizado servirá como el denominador para los cálculos de los accionistas en relación con las notificaciones de interés bajo las Reglas de Divulgación y Transparencia de la FCA. La transacción se llevó a cabo de acuerdo con el Artículo 5(1)(b) del Reglamento sobre Abuso de Mercado.
다양한 에너지 회사 (LSE: DEC) (NYSE: DEC)는 주식 매입 프로그램을 실행하여 Peel Hunt LLP를 통해 주당 1p의 가중 평균 가격으로 5,000주를 매입했습니다. 매입된 주식은 취소되어 총 발행 주식 수가 80,985,155주로 감소합니다.
업데이트된 주식 수는 FCA의 공시 안내 및 투명성 규정에 따른 주주 계산의 분모로 사용됩니다. 이 거래는 시장 남용 규정 제5조(1)(b)에 따라 수행되었습니다.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) a mis en œuvre un programme de rachat d'actions, achetant 5 000 Actions Ordinaires à un prix moyen pondéré par le volume de 1p par action via Peel Hunt LLP. Les actions acquises seront annulées, réduisant le nombre total d'Actions Ordinaires en circulation à 80 985 155.
Ce nombre d'actions mis à jour servira de dénominateur pour les calculs des actionnaires concernant les notifications d'intérêt selon les Règles de Divulgation et de Transparence de la FCA. La transaction a été réalisée conformément à l'Article 5(1)(b) du Règlement sur les Abus de Marché.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) hat ein Aktienrückkaufprogramm durchgeführt und 5.000 Stammaktien zu einem volumengewichteten Durchschnittspreis von 1p pro Aktie über Peel Hunt LLP erworben. Die erworbenen Aktien werden annulliert, wodurch die Gesamtzahl der ausstehenden Stammaktien auf 80.985.155 reduziert wird.
Diese aktualisierte Aktienanzahl dient als Nenner für die Berechnungen der Aktionäre bezüglich der Interessensbenachrichtigungen gemäß den Offenlegungsrichtlinien und Transparenzregeln der FCA. Die Transaktion wurde gemäß Artikel 5(1)(b) der Marktmissbrauchsverordnung durchgeführt.
- Share buyback program implementation indicates company's commitment to returning value to shareholders
- Reduction in outstanding shares can potentially increase earnings per share
- Minimal impact due to small number of shares (5,000) being repurchased
- Low purchase price of 1p per share might indicate weak stock performance
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 5,000 Ordinary Shares of 1p each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 1p per Share through Peel Hunt LLP ("Peel Hunt"). The Shares acquired will, in due course, be cancelled.
Aggregated Information
| Date of Purchase | 20 March 2025 |
| Aggregate Number of Ordinary Shares Purchased: | 5,000 |
| Lowest Price Paid per Share (pence): | 1,014.00 |
| Highest Price Paid per Share (pence): | 1,014.00 |
| Volume-Weighted Average Price Paid per Share (pence): | 1,014.00 |
Following the cancellation of Shares, Diversified will have 80,985,155 Ordinary Shares of 1p each in issue and no Ordinary Shares are held in treasury. This figure of 80,985,155 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: | 20 March 2025 |
| Investment firm: | Peel Hunt LLP |
| Number of shares purchased | Transaction price (pence per share) | Trading venue | Transaction date and time | Trade ID |
| 5,000 | 10.14 | XLON | 10:08:45 | 00174499703TRLO0-1 |
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) buy back in March 2025?
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What is the purpose of DEC's March 2025 share buyback program?
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