Transaction in Own Shares
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has executed a share buyback transaction, purchasing 59,447 Ordinary Shares at a volume-weighted average price of $12.8506 per share through Mizuho Securities USA LLC. The share prices during the transaction ranged from a low of $12.575 to a high of $13.00. The purchased shares will be cancelled, reducing the total number of outstanding shares to 79,939,415. The buyback is part of the company's share repurchase programme announced on March 20, 2025.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) ha effettuato un'operazione di riacquisto di azioni, acquistando 59.447 azioni ordinarie a un prezzo medio ponderato per volume di 12,8506 $ per azione tramite Mizuho Securities USA LLC. I prezzi delle azioni durante la transazione sono oscillati da un minimo di 12,575 $ a un massimo di 13,00 $. Le azioni acquistate saranno cancellate, riducendo il numero totale di azioni in circolazione a 79.939.415. Il riacquisto fa parte del programma di riacquisto azionario annunciato dalla società il 20 marzo 2025.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) ha realizado una operación de recompra de acciones, adquiriendo 59.447 acciones ordinarias a un precio promedio ponderado por volumen de 12,8506 $ por acción a través de Mizuho Securities USA LLC. Los precios de las acciones durante la transacción oscilaron entre un mínimo de 12,575 $ y un máximo de 13,00 $. Las acciones compradas serán canceladas, reduciendo el número total de acciones en circulación a 79.939.415. La recompra forma parte del programa de recompra de acciones anunciado por la compañía el 20 de marzo de 2025.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC)는 Mizuho Securities USA LLC를 통해 59,447 보통주를 주당 12.8506달러의 거래량 가중 평균 가격으로 매입하는 자사주 매입 거래를 완료했습니다. 거래 중 주가는 최저 12.575달러에서 최고 13.00달러 사이였습니다. 매입한 주식은 소각되어 발행 주식 총수가 79,939,415주로 줄어듭니다. 이번 자사주 매입은 2025년 3월 20일에 발표된 회사의 자사주 재매입 프로그램의 일환입니다.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) a réalisé une opération de rachat d'actions, acquérant 59 447 actions ordinaires à un prix moyen pondéré par volume de 12,8506 $ par action via Mizuho Securities USA LLC. Les prix des actions durant la transaction ont varié entre un minimum de 12,575 $ et un maximum de 13,00 $. Les actions achetées seront annulées, réduisant le nombre total d'actions en circulation à 79 939 415. Ce rachat s'inscrit dans le cadre du programme de rachat d'actions annoncé par la société le 20 mars 2025.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) hat eine Aktienrückkauftransaktion durchgeführt und 59.447 Stammaktien zu einem volumengewichteten Durchschnittspreis von 12,8506 $ pro Aktie über Mizuho Securities USA LLC erworben. Die Aktienpreise während der Transaktion lagen zwischen einem Tiefststand von 12,575 $ und einem Höchststand von 13,00 $. Die gekauften Aktien werden annulliert, wodurch die Gesamtzahl der ausstehenden Aktien auf 79.939.415 reduziert wird. Der Rückkauf ist Teil des am 20. März 2025 angekündigten Aktienrückkaufprogramms des Unternehmens.
- Share buyback program demonstrates confidence in company's financial position and commitment to returning value to shareholders
- Average purchase price of $12.8506 represents efficient capital allocation
- Reduction in share count will improve earnings per share metrics
- Buyback reduces company's cash reserves that could be used for operational growth
- Small buyback size of 59,447 shares represents minimal impact on total share count
Insights
DEC repurchased 0.07% of outstanding shares as part of its ongoing buyback program, a modest capital return with minimal immediate impact.
Diversified Energy Company (DEC) has executed a small-scale share repurchase, acquiring 59,447 ordinary shares at a volume-weighted average price of
This transaction is part of DEC's share buyback program announced on March 20, 2025, demonstrating the company's commitment to its previously established capital return framework. The repurchase was executed within a relatively tight price range (
The methodical implementation across multiple trading venues including NYSE, NASDAQ, and various alternative trading systems indicates a disciplined approach designed to minimize market impact while completing the program. For energy companies like DEC that operate long-life assets and focus on free cash flow generation, share repurchases can be an efficient mechanism to return capital to shareholders.
Given its limited scale relative to DEC's overall share count, this particular buyback represents routine execution of their capital allocation strategy rather than a significant financial development. The transaction aligns with the company's stated focus on delivering "reliable free cash flow" and generating "shareholder value" as mentioned in their corporate description, though its immediate impact on these metrics will be minimal due to the modest size of the repurchase.
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 59,447 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: | 2 May 2025 |
| Aggregate Number of Ordinary Shares Purchased: | 59,447 |
| Lowest Price Paid per Share (USD): | 12.575 |
| Highest Price Paid per Share (USD): | 13.00 |
| Volume-Weighted Average Price Paid per Share (USD): | 12.8506 |
Following the cancellation of Shares, Diversified will have 79,939,415 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 79,939,415 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: | 2 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 | ||||
| ARCX | 2,965 | $12.8441 | $12.98 | $12.67 | ARCX | |||
| ASPN | 1,697 | $12.8500 | $13.00 | $12.76 | ASPN | |||
| BAML | 100 | $13.0000 | $13.00 | $13.00 | BAML | |||
| BATS | 343 | $12.7700 | $12.98 | $12.68 | BATS | |||
| BATY | 700 | $12.8378 | $12.87 | $12.81 | BATY | |||
| EDGA | 200 | $12.8033 | $12.83 | $12.75 | EDGA | |||
| EDGX | 100 | $12.8100 | $12.81 | $12.81 | EDGX | |||
| IEXG | 37,263 | $12.8638 | $13.00 | $12.58 | IEXG | |||
| JPMX | 79 | $12.8350 | $12.90 | $12.77 | JPMX | |||
| JSJX | 3,116 | $12.7360 | $13.00 | $12.62 | JSJX | |||
| SGMT | 1,393 | $12.8567 | $13.00 | $12.75 | SGMT | |||
| UBSA | 1,940 | $12.8333 | $13.00 | $12.61 | UBSA | |||
| XBOS | 300 | $12.7233 | $12.82 | $12.62 | XBOS | |||
| XNAS | 4,142 | $12.8653 | $13.00 | $12.58 | XNAS | |||
| XNYS | 5,109 | $12.7851 | $13.00 | $12.60 | XNYS | |||
| Trading venue | Currency | Volume Weighted Average Price | Aggregated volume | |||||
| NYSE | USD | $12.8506 | 59,447 | |||||
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 2, 2025?
What was the average price paid per share in DEC's latest buyback?
How many shares will DEC have outstanding after this buyback?
What was the price range for DEC's share buyback on May 2, 2025?
When did DEC announce its current share buyback program?
