Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company (LSE/NYSE:DEC) has executed a share buyback, purchasing 67,028 ordinary shares at a volume-weighted average price of $14.4939 per share through Mizuho Securities USA LLC. The share prices ranged from $14.45 to $14.50 during the June 16, 2025 transaction. Following the planned cancellation of these shares, DEC's total outstanding ordinary shares will be reduced to 78,408,328. This buyback is part of the company's share repurchase programme announced on March 20, 2025. Diversified Energy operates as a leading energy company specializing in natural gas and liquids production, focusing on acquiring and improving long-life assets before their safe retirement.

Positive

• Company is executing its announced share buyback program, demonstrating commitment to returning value to shareholders
• Share buyback will reduce total outstanding shares, potentially increasing earnings per share
• Tight price range of $14.45-$14.50 suggests stable market execution of the buyback

Negative

• Relatively small buyback size of 67,028 shares represents only about 0.09% of outstanding shares

Insights

Corporate Finance Specialist

DEC continues its share buyback program, purchasing 67,028 shares for cancellation, reducing outstanding shares to 78.4M.

Diversified Energy Company (DEC) has executed another transaction in its ongoing share buyback program, purchasing 67,028 ordinary shares at a volume-weighted average price of $14.49 per share. This action is part of the buyback program previously announced on March 20, 2025. The repurchased shares will be cancelled rather than held in treasury, which will reduce the total outstanding share count to 78,408,328 ordinary shares.

The purchase price range was narrow, with shares acquired between $14.45 and $14.50. This systematic reduction in share count represents a continuation of DEC's capital return strategy to shareholders. By cancelling these shares, the company is effectively distributing value to remaining shareholders by increasing their proportional ownership in the company.

Share buybacks typically indicate management's confidence in the company's financial position and can be viewed as an alternative to dividends for returning capital to shareholders. For DEC, a company focused on acquiring and operating long-life natural gas and liquids assets, this buyback aligns with their stated strategy of generating reliable free cash flow and creating shareholder value through their operations and capital allocation decisions.

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 67,028 Ordinary Shares of 20 Pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of $14.4939 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	16 June 2025
Aggregate Number of Ordinary Shares Purchased:	67,028
Lowest Price Paid per Share (USD):	14.45
Highest Price Paid per Share (USD):	14.50
Volume-Weighted Average Price Paid per Share (USD):	14.4939

Following the cancellation of Shares, Diversified will have 78,408,328 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 78,408,328 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:	16 June 2025
Investment firm:	Mizuho Securities USA LLC

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 June 16, 2025?

Diversified Energy bought back 67,028 ordinary shares on June 16, 2025.

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

The volume-weighted average price paid was $14.4939 per share.

How many shares will DEC have outstanding after this buyback?

After the share cancellation, DEC will have 78,408,328 ordinary shares outstanding.

When did Diversified Energy announce its share buyback program?

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

What was the price range for DEC's share buyback on June 16, 2025?

The share prices ranged from $14.45 (lowest) to $14.50 (highest) during the buyback.