STOCK TITAN

Transaction in Own Shares

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Diversified Energy Company PLC (LSE: DEC) has executed a share buyback program, purchasing 50,180 ordinary shares at a volume-weighted average price of 885.34 pence per share on April 7, 2025. The transaction, conducted through Peel Hunt LLP, saw share prices ranging from 857.00 to 891.00 pence.

Following the planned cancellation of these shares, Diversified's total ordinary shares in issue will decrease to 80,692,008, with no shares held in treasury. This figure will serve as the denominator for shareholders' interest calculations under FCA's Disclosure Guidance and Transparency Rules.

Loading...
Loading translation...

Positive

  • Share buyback program indicates strong cash position and commitment to returning value to shareholders

Negative

  • Reduction in total shares outstanding may decrease market liquidity

News Market Reaction 1 Alert

-6.18% News Effect

On the day this news was published, DEC declined 6.18%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DIVERSIFIED ENERGY COMPANY PLC
("Diversified", or the "Company")

Transaction in Own Shares

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 50,180 Ordinary Shares of 20 pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of 885.34 pence per Share through Peel Hunt LLP ("Peel Hunt"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase 07 April 2025
Aggregate Number of Ordinary Shares Purchased:50,180
Lowest Price Paid per Share (pence):857.00
Highest Price Paid per Share (pence):891.00
Volume-Weighted Average Price Paid per Share (pence):885.34


Following the cancellation of Shares, Diversified will have 80,692,008 Ordinary Shares of 20 pence each in issue and no Ordinary Shares are held in treasury. This figure of 80,692,008 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:07 April 2025
Investment firm:Peel Hunt LLP


Number of shares purchasedTransaction price
(GBP per share)
Trading venueTransaction date and timeTrade ID
2,500857.00XLON09:59:5600175320642TRLO0
2,500863.00XLON12:58:4600175360298TRLO0
30,000891.00XLON16:17:1500175427999TRLO0
283882.50XLON16:35:2800175435039TRLO0
2,645882.50XLON16:35:2800175435040TRLO0
72882.50XLON16:35:2800175435041TRLO0
910882.50XLON16:35:2800175435042TRLO0
1,361882.50XLON16:35:2800175435043TRLO0
117882.50XLON16:35:2800175435044TRLO0
1,404882.50XLON16:35:2800175435045TRLO0
3,376882.50XLON16:35:2800175435046TRLO0
79882.50XLON16:35:2800175435047TRLO0
3,164882.50XLON16:35:2800175435048TRLO0
1,769882.50XLON16:35:2800175435049TRLO0


For further information, please contact:
Diversified Energy Company PLC+1 973 856 2757
Doug Krisdkris@dgoc.com
www.div.energy 
  
FTI Consultingdec@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 DEC purchase in its latest buyback transaction?

DEC purchased 50,180 ordinary shares on April 7, 2025.

What was the price range for DEC's share buyback on April 7, 2025?

The shares were purchased between 857.00 and 891.00 pence, with a volume-weighted average price of 885.34 pence.

How many outstanding shares will DEC have after this buyback?

After the share cancellation, DEC will have 80,692,008 ordinary shares in issue.

Which broker executed DEC's share buyback program?

Peel Hunt LLP executed the share buyback program for DEC.
Diversified Energy Company Plc

NYSE:DEC

DEC Rankings

DEC Latest News

DEC Latest SEC Filings

DEC Stock Data

1.07B
70.32M
25.12%
68.24%
2.72%
Oil & Gas Integrated
Energy
Link
United States
Birmingham