Transaction in Own Shares
- Share buyback demonstrates company's commitment to returning value to shareholders
- Tight price range of $12.97-$13.00 indicates stable market execution
- Program reduces share count, potentially increasing earnings per share
- Buyback reduces company's cash reserves
- Small daily volume (28,121 shares) indicates limited market impact
Insights
DEC repurchased 28,121 shares at $12.9969 per share as part of its ongoing buyback program, reducing outstanding shares by 0.035%.
Diversified Energy Company has executed another tranche of its previously announced share buyback program from March 20, 2025, purchasing
This latest repurchase represents approximately
Share buybacks generally signal management's confidence in the company's intrinsic value and outlook. By reducing the number of outstanding shares, buybacks can improve per-share metrics like earnings per share (EPS) and return on equity. This particular transaction, while small in relative terms, continues DEC's capital return initiative announced earlier this year.
The buyback was executed across multiple trading venues, with the majority of shares acquired on XNYS (NYSE) and XNAS (Nasdaq). The detailed transaction reporting demonstrates transparency and compliance with market regulations, particularly the UK's adaptation of the EU Market Abuse Regulation following Brexit.
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 28,121 Ordinary Shares of 20 Pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of
Aggregated Information
| Date of Purchase: | 8 May 2025 |
| Aggregate Number of Ordinary Shares Purchased: | 28,121 |
| Lowest Price Paid per Share (USD): | 12.97 |
| Highest Price Paid per Share (USD): | 13.00 |
| Volume-Weighted Average Price Paid per Share (USD): | 12.9969 |
Following the cancellation of Shares, Diversified will have 79,690,741 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 79,690,741 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.
| 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 | |||
| 268,012 | $112.2381 | $13.00 | $12.99 | ARCX | |||
| 5,662 | $266.1756 | $0.00 | $0.00 | ASPN | |||
| 2,053 | $291.3115 | $0.00 | $0.00 | BAML | |||
| 208 | $72.1100 | $0.00 | $0.00 | BARX | |||
| 41,716 | $112.6177 | $13.00 | $12.97 | BATS | |||
| 8,104 | $170.9031 | $13.00 | $12.99 | BATY | |||
| 1,193 | $30.9100 | $13.00 | $13.00 | CDED | |||
| 152 | $52.1050 | $0.00 | $0.00 | CPGX | |||
| 2,979 | $204.2662 | $13.00 | $13.00 | EDGA | |||
| 47,523 | $135.1893 | $13.00 | $12.98 | EDGX | |||
| 300 | $124.4800 | $0.00 | $0.00 | ICBX | |||
| 206,217 | $242.8776 | $13.00 | $12.99 | IEXG | |||
| 5 | $59.0800 | $0.00 | $0.00 | ITGI | |||
| 2,651 | $322.4662 | $12.99 | $12.99 | JPMX | |||
| 7,120 | $140.3882 | $0.00 | $0.00 | JSJX | |||
| 600 | $83.4850 | $0.00 | $0.00 | LEVL | |||
| 505 | $102.4633 | $12.98 | $12.98 | MEMX | |||
| 100 | $12.9800 | $12.98 | $12.98 | MSPL | |||
| 638 | $285.1083 | $0.00 | $0.00 | SGMT | |||
| 1,648 | $98.5198 | $13.00 | $12.99 | UBSA | |||
| 5,893 | $158.7699 | $0.00 | $0.00 | XBOS | |||
| 735 | $363.0700 | $0.00 | $0.00 | XCHI | |||
| 700 | $121.6144 | $0.00 | $0.00 | XCIS | |||
| 261,192 | $104.1787 | $13.00 | $12.98 | XNAS | |||
| 257,686 | $103.0884 | $13.00 | $12.98 | XNYS | |||
| Trading venue | Currency | Volume Weighted Average Price | Aggregated volume | ||||
| NYSE | USD | $12.9969 | 28,121 | ||||
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 DEC buy back on May 8, 2025?
What is the price range for DEC's share buyback on May 8, 2025?
How many shares will DEC have outstanding after this buyback?
When was DEC's current share buyback program announced?
Which broker executed DEC's share buyback transactions?
