Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) has executed a share buyback program, purchasing 12,000 Ordinary Shares at a volume-weighted average price of 1,039.49 pence per Share through Peel Hunt LLP. The acquired shares will be cancelled.

Following the cancellation, Diversified will have 80,881,837 Ordinary Shares of 20 pence each in issue, with no shares held in treasury. This figure serves as the denominator for shareholders' interest calculations under FCA's Disclosure Guidance and Transparency Rules.

Positive

• Share buyback program reduces outstanding shares, potentially increasing value for existing shareholders
• No shares held in treasury indicates efficient capital management

Negative

• Cash outflow of approximately 124,739 pounds for share repurchases

Insights

Financial Analyst

Diversified Energy's announcement of a 12,000 share repurchase as part of its previously announced buyback program represents a modest capital allocation decision with immediate impact. At a volume-weighted average price of 1,039.49 pence per share, this transaction amounts to approximately £124,739 ($166,000) - a negligible 0.02% of the company's $785 million market capitalization.

Share buybacks typically create value by reducing outstanding shares (improving EPS) and signaling management confidence. However, given that the repurchased shares represent just 0.015% of DEC's 80.88 million outstanding shares, the financial impact is minimal. This appears to be routine execution of the March 20th program rather than a strategic shift.

For energy companies generating substantial free cash flow like DEC, buyback programs complement dividend strategies for returning capital to shareholders. The company's focus on acquiring long-life assets, improving them environmentally and operationally, and generating reliable free cash flow suggests this repurchase aligns with their steady capital return approach rather than representing a material corporate development.

Investors should view this as standard corporate governance rather than a catalyst for valuation change, as routine small-scale repurchases typically don't drive meaningful share price movement in the energy sector.

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 program announced on 20 March 2025, the Company has purchased 12,000 Ordinary Shares of 20 pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of 1,039.49 pence per Share through Peel Hunt LLP ("Peel Hunt"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase	26 March 2025
Aggregate Number of Ordinary Shares Purchased:	12,000
Lowest Price Paid per Share (pence):	1,046.00
Highest Price Paid per Share (pence):	1,050.00
Volume-Weighted Average Price Paid per Share (pence):	1,048.79

Following the cancellation of Shares, Diversified will have 80,881,837 Ordinary Shares of 20 pence each in issue and no Ordinary Shares are held in treasury. This figure of 80,881,837 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:	26 March 2025
Investment firm:	Peel Hunt LLP

Number of shares purchased	Transaction price (GBP per share)	Trading venue	Transaction date and time	Trade ID
3,616	10.46	XLON	11:27:27	00174710958TRLO0-1
2,834	10.50	XLON	16:35:28	00174741112TRLO0-1
171	10.50	XLON	16:35:28	00174741113TRLO0-1
1,055	10.50	XLON	16:35:28	00174741115TRLO0-1
72	10.50	XLON	16:35:28	00174741118TRLO0-1
1,151	10.50	XLON	16:35:28	00174741119TRLO0-1
1,111	10.50	XLON	16:35:28	00174741121TRLO0-1
150	10.50	XLON	16:35:28	00174741122TRLO0-1
35	10.50	XLON	16:35:28	00174741123TRLO0-1
164	10.50	XLON	16:35:28	00174741124TRLO0-1
1,641	10.50	XLON	16:35:28	00174741125TRLO0-1

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) purchase in its recent buyback program?

Diversified Energy purchased 12,000 Ordinary Shares at 1,039.49 pence per share through Peel Hunt LLP.

What is the total number of outstanding shares for DEC after the March 2025 buyback?

After the share cancellation, Diversified Energy will have 80,881,837 Ordinary Shares outstanding.

What is the price per share paid in DEC's latest share buyback?

The volume-weighted average price paid was 1,039.49 pence per share.

What will happen to the shares purchased by DEC in this buyback?

The shares acquired will be cancelled by the company.