Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has executed a share buyback program, purchasing 79,700 Ordinary Shares at a volume-weighted average price of $12.0945 per share through Mizuho Securities USA on April 23, 2025. The share prices during the buyback ranged from $11.94 to $12.235.

The purchased shares will be cancelled, resulting in a total of 80,418,862 Ordinary Shares remaining in issue. The transactions were conducted across multiple trading venues including NYSE, ARCX, MEMX, and others, with detailed trade-by-trade reporting provided in compliance with Market Abuse Regulation requirements.

Positive

• Share buyback program implementation indicates strong cash position and commitment to shareholder returns
• Systematic share reduction through cancellation may enhance per-share value for remaining shareholders

Negative

• None.

Insights

Financial Analyst

DEC repurchased 0.1% of outstanding shares as part of its ongoing buyback program, with minimal immediate impact on valuation metrics.

Diversified Energy Company (DEC) has executed another small tranche of its share buyback program, purchasing 79,700 ordinary shares at a volume-weighted average price of $12.0945 per share. These shares, representing approximately 0.1% of the company's outstanding shares, will be cancelled, reducing the total outstanding shares to 80,418,862.

This small-scale repurchase, valued at roughly $965,000, is part of the buyback program previously announced on March 20, 2025. The repurchase represents just 0.14% of DEC's $666 million market capitalization, indicating an incremental approach to capital return rather than a significant one-time repurchase.

The trading data shows purchases across multiple venues with prices ranging from $11.94 to $12.235 per share, clustered near the current market price of $12.05. This suggests standard market execution without premium pricing.

Share buybacks generally serve multiple financial purposes:

• Incrementally increasing earnings per share by reducing share count
• Enhancing shareholder value through increased proportional ownership
• Demonstrating management's confidence in the company's financial position
• Efficiently returning capital to shareholders when alternative investments may not offer superior returns

While positive in principle, the scale of this particular repurchase means it will have minimal immediate impact on DEC's key financial metrics or valuation. This appears to be a routine capital management action rather than a significant strategic shift.

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 79,700 Ordinary Shares of 20 Pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of 12.0945 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	23 April 2025
Aggregate Number of Ordinary Shares Purchased:	79,700
Lowest Price Paid per Share (USD):	11.94
Highest Price Paid per Share (USD):	12.235
Volume-Weighted Average Price Paid per Share (USD):	12.0945

Following the cancellation of Shares, Diversified will have 80,418,862 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 80,418,862 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 Mizuho Securities USA LLC as part of the buyback programme.

Schedule of Purchases

Shares purchased:	DIVERSIFIED ENERGY COMPANY PLC (ISIN: GB00BQHP5P93)
Dates of purchases:	23 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
2,096	$11.9714		$12.20		$11.95	ARCX
2,263	$11.9218		$12.22		$12.09	ASPN
1,263	$11.9658		$12.20		$12.09	BAML
200	$12.1000		$12.21		$12.06	BATS
588	$12.0352		$12.20		$12.20	BATY
1,602	$11.9539		$12.21		$12.08	EDGA
200	$12.1000		$12.13		$11.96	EDGX
1,300	$11.9160		$12.24		$11.98	IEXG
11,515	$12.0822		$12.11		$12.07	JSJX
200	$12.1000		$12.22		$12.09	LEVL
17,663	$11.9577		$12.13		$12.10	MEMX
917	$12.0050		$12.22		$12.08	SGMT
234	$11.9900		$12.13		$12.02	UBSA
900	$11.9793		$12.21		$12.05	XBOS
100	$12.0900		$12.21		$12.01	XNAS
870	$11.9617		$12.22		$11.94	XNYS
Trading venue	Currency		Volume Weighted Average Price		Aggregated volume
NYSE	USD		$12.0945		79,700

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 23, 2025?

Diversified Energy bought back 79,700 Ordinary Shares at a volume-weighted average price of $12.0945 per share.

What is the price range for DEC's share buyback on April 23, 2025?

The share buyback prices ranged from $11.94 (lowest) to $12.235 (highest) per share.

How many shares will DEC have outstanding after this buyback?

After the share cancellation, DEC will have 80,418,862 Ordinary Shares outstanding.

Which broker executed DEC's share buyback program?

Mizuho Securities USA (MSUSA) executed the share buyback program for Diversified Energy.