Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company (NYSE:DEC) purchased 144,395 common shares on January 8, 2026 under its buyback program at a volume-weighted average price of $14.0275 per share through Mizuho Securities USA LLC. The company reported a lowest trade price of $13.32 and highest of $14.30 on the purchase date. Following cancellation of the acquired shares, Diversified will have 78,415,731 shares outstanding and no shares held in treasury. A detailed schedule lists individual trades, venues, and daily VWAPs executed as part of the program.

News Market Reaction

-6.01%

7 alerts

-6.01% News Effect

-$66M Valuation Impact

$1.03B Market Cap

0.5x Rel. Volume

On the day this news was published, DEC declined 6.01%, reflecting a notable negative market reaction. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $66M from the company's valuation, bringing the market cap to $1.03B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Shares repurchased: 144,395 shares VWAP repurchase price: $14.0275 per share Repurchase price range: $13.32–$14.30 per share +5 more

8 metrics

Shares repurchased 144,395 shares Buyback on January 08, 2026 under March 20, 2025 program

VWAP repurchase price $14.0275 per share Volume-weighted average price paid for 144,395 shares

Repurchase price range $13.32–$14.30 per share Lowest and highest prices paid on January 08, 2026

Post-cancellation share count 78,415,731 shares Common stock in issue after cancelling newly repurchased shares

Planned Rule 144 sale 2,100,000 shares Large shareholder sale via Morgan Stanley & Co. LLC around 01/08/2026

Rule 144 sale value $27,888,000.00 Aggregate market value of planned 2,100,000-share sale

Shares outstanding (Form 144) 77,935,467 shares Outstanding DEC common stock referenced in Form 144 filing

Dividend referenced $0.29 per share Cash dividend linked to RSU dividend-equivalent accruals in recent Form 4s

Market Reality Check

Price: $12.93 Vol: Volume 558,314 is at 0.91...

normal vol

$12.93 Last Close

Volume Volume 558,314 is at 0.91x the 20-day average of 616,240, indicating typical trading activity ahead of this buyback update. normal

Technical Price at $14.15 is trading just above the 200-day MA of $14.12 and about 17.94% below the 52-week high.

Peers on Argus

DEC gained 4.97% while key Energy peers were mixed: CRGY +5.63%, TGS +3.55%, SLN...

DEC gained 4.97% while key Energy peers were mixed: CRGY +5.63%, TGS +3.55%, SLNG +2.73%, CVE +2.44%, and NFG -0.61%. With no peers in the momentum scanner and mixed moves, this action appears more company-specific than a broad sector rotation.

Historical Context

5 past events · Latest: Jan 07 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 07	Share buyback update	Neutral	-2.5%	Reported purchase of 162,102 shares on January 6, 2026 for cancellation.
Jan 06	Share buyback update	Neutral	-3.0%	Disclosed 145,914-share buyback on January 5, 2026 under March 2025 program.
Jan 02	Share buyback update	Neutral	+2.2%	Announced 28,904-share repurchase on December 31, 2025 with cancellation.
Dec 30	Share buyback update	Neutral	+0.3%	Reported 14,000-share buyback on December 29, 2025 via Mizuho Securities.
Dec 29	Share buyback update	Neutral	+1.0%	Disclosed 54,459-share repurchase on December 26, 2025 for cancellation.

Pattern Detected

Recent daily buyback disclosures have produced mixed price reactions, with small gains and declines around the announcements, suggesting no consistent directional pattern tied solely to these updates.

Recent Company History

Over the last weeks, DEC repeatedly reported daily share repurchases under its buyback program, cancelling acquired shares and steadily reducing shares outstanding from 79,073,148 after the Dec 26, 2025 purchases to 78,722,228 after the Jan 6, 2026 buyback. Price reactions to these announcements ranged from a 3.02% decline to a 2.21% gain, indicating varied market responses. Today’s larger 144,395-share purchase and updated share count continue this same capital return pattern.

Market Pulse Summary

The stock moved -6.0% in the session following this news. A negative reaction despite the buyback wo...

Analysis

The stock moved -6.0% in the session following this news. A negative reaction despite the buyback would fit prior mixed responses, where some repurchase updates were followed by declines of up to about 3%. The newly disclosed Form 144 plan to sell 2,100,000 shares with a value of $27,888,000.00 could weigh on sentiment alongside the buyback. Historical data show that daily repurchase reports alone have not guaranteed supportive price action.

Key Terms

volume-weighted average price, Market Abuse Regulation, FCA's Disclosure Guidance and Transparency Rules, Rule 144, +2 more

6 terms

volume-weighted average price financial

"purchased 144,395 shares... at a volume-weighted average price of $14.0275"

Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.

Market Abuse Regulation regulatory

"In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation)"

Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.

FCA's Disclosure Guidance and Transparency Rules regulatory

"determine if they are required to notify their interest... under the FCA's Disclosure Guidance and Transparency Rules"

The FCA’s disclosure guidance and transparency rules are the UK regulator’s requirements that public companies must share clear, timely and accurate information about their finances, governance and material events with investors and the market. Like a neighborhood noticeboard that keeps everyone informed of important changes, these rules help investors make fair comparisons, avoid surprises and reduce the risk that decisions are based on incomplete or late information.

Rule 144 regulatory

"The planned sale... is being made under Rule 144, which governs resales of restricted and control securities."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock units financial

"the insider acquired 1,290 restricted stock units (RSUs) at an exercise price of $0."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"Three separate RSU entries were reported: 150, 381, and 315 units, each convertible..."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

AI-generated analysis. Not financial advice.

DIVERSIFIED ENERGY COMPANY

("Diversified", or the "Company")

DIVERSIFIED ENERGY COMPANY (NYSE:DEC; LSE:DEC) announces that, in accordance with the terms of its share buyback program announced on March 20, 2025, the Company has purchased 144,395 shares of common stock, par value $0.01 per share of the Company (the "Shares") in the market at a volume-weighted average price of $14.0275 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	January 08, 2026
Aggregate Number of Shares Purchased:	144,395
Lowest Price Paid per Share (USD):	13.32
Highest Price Paid per Share (USD):	14.30
Volume-Weighted Average Price Paid per Share (USD):	14.0275

Following the cancellation of Shares, Diversified will have 78,415,731 shares of common stock, in issue and no shares of common stock is held in treasury. This figure of 78,415,731 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 program.

Schedule of Purchases

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
4998	13.9124	$14.30	$13.32	ARCX
9629	13.9303	$14.30	$13.56	ASPN
8594	14.0379	$14.30	$13.58	BAML
774	14.2920	$14.30	$14.26	BARX
3172	13.9906	$14.30	$13.53	BATS
2750	14.0831	$14.30	$13.62	BATY
1433	14.2600	$14.26	$14.26	BIDS
1462	13.9050	$14.25	$13.51	EDGA
4628	13.9864	$14.30	$13.56	EDGX
100	14.1800	$14.18	$14.18	EPRL
45733	13.9636	$14.30	$13.52	IEXG
7939	14.0268	$14.30	$13.56	JPMX
900	14.2733	$14.30	$14.26	LEVL
117	14.0375	$14.20	$13.88	MEMX
600	14.3000	$14.30	$14.30	MSPL
1750	13.9504	$14.30	$13.65	SGMT
16875	13.9479	$14.30	$13.55	UBSA
3552	14.2733	$14.30	$14.26	VFMI
1367	14.0226	$14.25	$13.65	XBOS
97	14.1150	$14.20	$14.03	XCHI
200	13.8400	$14.20	$13.66	XCIS
14277	13.9872	$14.30	$13.51	XNAS
13382	13.9226	$14.30	$13.56	XNYS
66	14.1267	$14.24	$14.06	XPSX
Trading venue	Currency
NYSE	USD	$14.0275	144,395

For further information, please contact:

Diversified Energy Company	+1 973 856 2757
Doug Kris	dkris@dgoc.com
Senior Vice President, Investor Relations & Corporate Communications	www.div.energy

About Diversified Energy Company

Diversified is a leading publicly traded energy company focused on acquiring, operating, and optimizing cash generating energy assets. 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) repurchase on January 8, 2026?

Diversified repurchased 144,395 shares on January 8, 2026.

What was the VWAP Diversified Energy (DEC) paid for the January 8, 2026 buyback?

The volume-weighted average price paid was $14.0275 per share.

How many shares will Diversified Energy (DEC) have outstanding after cancelling the repurchased shares?

After cancellation, Diversified will have 78,415,731 shares outstanding.

What were the lowest and highest prices paid by Diversified Energy (DEC) during the January 8, 2026 purchases?

The lowest price paid was $13.32 and the highest price paid was $14.30.

Which broker executed Diversified Energy's (DEC) January 8, 2026 buyback trades?

The trades were executed through Mizuho Securities USA LLC as part of the buyback program.