Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has executed a share buyback, purchasing 6,584 Ordinary Shares at a volume-weighted average price of $13.5506 per share through Mizuho Securities USA LLC. The shares were acquired across multiple trading venues, with prices ranging from $13.48 to $13.60.

Following the cancellation of these shares, Diversified will have 79,684,157 Ordinary Shares in issue. The buyback is part of the company's share repurchase programme announced on March 20, 2025. The purchased shares will be cancelled in due course.

Positive

• Share buyback program demonstrates company's confidence in its financial position and commitment to returning value to shareholders
• Strategic reduction in share count will increase earnings per share for remaining shareholders
• Company maintains strong market presence with dual listing on LSE and NYSE

Negative

• Small buyback size of only 6,584 shares represents minimal impact on total shares outstanding
• Cash expenditure on buyback reduces available capital for operational investments

Insights

Financial Analyst

DEC executed a minor share buyback of 6,584 shares at $13.55 as part of their March 2025 program, reducing outstanding shares to 79.7M.

Diversified Energy's latest share repurchase represents a minuscule 0.008% of their outstanding shares, making this a relatively minor transaction in their ongoing buyback program announced in March. The company purchased these shares at a volume-weighted average price of $13.55, with prices ranging between $13.48-$13.58 per share.

The transaction demonstrates management's continued execution of their capital return strategy, though the small size suggests a measured approach rather than aggressive share retirement. Following this repurchase, DEC's total outstanding share count will decrease to 79,684,157 shares, once these shares are formally cancelled.

While share buybacks generally indicate management's confidence in company valuation and can be technially positive for earnings per share metrics by reducing the share count denominator, the extremely small size of this particular transaction ($89,217 total value) makes it unlikely to significantly impact DEC's financial metrics or investor sentiment in isolation.

This appears to be just one in a series of regular repurchases under their established program, rather than a new strategic initiative. For context, energy companies often implement buybacks as a method to return capital to shareholders when they generate excess cash flow, particularly in periods of strong commodity prices or operational performance.

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 6,584 Ordinary Shares of 20 Pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of $13.5506 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	19 May 2025
Aggregate Number of Ordinary Shares Purchased:	6,584
Lowest Price Paid per Share (USD):	13.56
Highest Price Paid per Share (USD):	13.48
Volume-Weighted Average Price Paid per Share (USD):	13.5506

Following the cancellation of Shares, Diversified will have 79,684,157 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 79,684,157 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:	19 May 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
256	$13.5667		$13.58		$13.56		ARCX
368	$13.5400		$13.56		$13.53		ASPN
458	$13.5414		$13.57		$13.50		BATY
100	$13.5800		$13.58		$13.58		EDGA
400	$13.4800		$13.48		$13.48		EDGX
2,439	$13.5614		$13.60		$13.52		IEXG
500	$13.5225		$13.56		$13.49		LEVL
1	$13.5400		$13.54		$13.54		SGMT
387	$13.5443		$13.56		$13.53		UBSA
300	$13.5475		$13.57		$13.54		XBOS
200	$13.5400		$13.54		$13.54		XCIS
414	$13.5700		$13.58		$13.55		XNAS
761	$13.5529		$13.60		$13.53		XNYS
Trading venue	Currency		Volume Weighted Average Price		Aggregated volume
NYSE	USD		$13.5506		6,584

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 May 19, 2025?

Diversified Energy bought back 6,584 Ordinary Shares at a volume-weighted average price of $13.5506 per share.

What is the price range of DEC's share buyback on May 19, 2025?

The shares were purchased at prices ranging from $13.48 (lowest) to $13.60 (highest) per share.

How many shares will Diversified Energy (DEC) have outstanding after this buyback?

After the cancellation of the purchased shares, Diversified Energy will have 79,684,157 Ordinary Shares outstanding.

When did Diversified Energy (DEC) announce its share buyback program?

Diversified Energy announced its share buyback programme on March 20, 2025.

Which investment firm executed the share buyback for Diversified Energy (DEC)?

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