Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company (LSE/NYSE: DEC) has executed a share buyback, purchasing 84,354 Ordinary Shares at a volume-weighted average price of $12.5215 per share through Mizuho Securities USA LLC. The transaction, conducted on April 30, 2025, saw share prices ranging from a low of $12.37 to a high of $12.65. Following the cancellation of these shares, Diversified's total outstanding Ordinary Shares will be 80,068,862. The buyback is part of the company's programme announced on March 20, 2025, demonstrating the company's commitment to returning value to shareholders.

Positive

• Share buyback program demonstrates confidence in company's financial position and commitment to shareholder value
• Reduction in share count through cancellation will increase earnings per share for remaining shareholders
• Strategic execution of buyback across multiple trading venues suggests efficient price management

Negative

• Cash expenditure of approximately $1.06 million reduces available capital for operations or growth
• Small buyback size (about 0.1% of shares outstanding) may have limited impact on shareholder value

DIVERSIFIED ENERGY COMPANY PLC

("Diversified", or the "Company")

BIRMINGHAM, Ala., May 01, 2025 (GLOBE NEWSWIRE) -- 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 84,354 Ordinary Shares of 20 Pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of $12.5215 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	30 April 2025
Aggregate Number of Ordinary Shares Purchased:	84,354
Lowest Price Paid per Share (USD):	12.65
Highest Price Paid per Share (USD):	12.37
Volume-Weighted Average Price Paid per Share (USD):	12.5215

Following the cancellation of Shares, Diversified will have 80,068,862 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 80,068,862 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:	30 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
4,713	$12.4940		$12.58		$12.44		ARCX
2,882	$12.5257		$12.59		$12.42		ASPN
703	$12.5300		$12.56		$12.49		BAML
100	$12.4800		$12.48		$12.48		BARX
433	$12.5000		$12.51		$12.48		BATS
1,808	$12.4807		$12.56		$12.39		BATY
773	$12.5038		$12.55		$12.43		EDGA
1,743	$12.5176		$12.56		$12.48		EDGX
1,510	$12.5000		$12.50		$12.50		EPRL
43,757	$12.5122		$12.65		$12.37		IEXG
3,708	$12.5250		$12.55		$12.50		JSJX
4	$12.4800		$12.50		$12.46		MEMX
1,044	$12.5085		$12.56		$12.46		SGMT
3,579	$12.5315		$12.59		$12.42		UBSA
1,455	$12.5005		$12.57		$12.41		XBOS
300	$12.4833		$12.50		$12.47		XCIS
8,064	$12.5288		$12.62		$12.45		XNAS
7,774	$12.4943		$12.61		$12.37		XNYS
4	$12.4800		$12.48		$12.48		XPSX
Trading venue	Currency		Volume Weighted Average Price		Aggregated volume
NYSE	USD		$12.5215		84,354

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

What is the size and price of DEC's latest share buyback transaction?

DEC purchased 84,354 Ordinary Shares at a volume-weighted average price of $12.5215 per share on April 30, 2025.

How many shares will DEC have outstanding after this buyback?

Following the cancellation of the repurchased shares, DEC will have 80,068,862 Ordinary Shares outstanding.

What was the price range for DEC's share buyback on April 30, 2025?

The shares were purchased at prices ranging from a low of $12.37 to a high of $12.65 per share.

Which broker executed DEC's share buyback program?

Mizuho Securities USA LLC (MSUSA) executed the share buyback program for DEC.

When was DEC's current share buyback program announced?

DEC's current share buyback program was announced on March 20, 2025.