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Transaction in Own Shares

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Diversified Energy Company PLC (LSE: DEC) has executed a share buyback program, purchasing 37,142 Ordinary Shares at a volume weighted average price of 1,008.37 pence per Share through Peel Hunt LLP. The acquired shares will be cancelled.

Following the cancellation, Diversified will have 80,936,013 Ordinary Shares outstanding, with no shares held in treasury. This figure can be used by shareholders for calculating interest notifications under FCA's Disclosure Guidance and Transparency Rules.

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Positive

  • Share buyback program execution demonstrates strong cash position
  • Reduction in share count potentially increases earnings per share

Negative

  • Cash outflow for share repurchases reduces available capital for operations

News Market Reaction 1 Alert

-1.42% News Effect

On the day this news was published, DEC declined 1.42%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DIVERSIFIED ENERGY COMPANY PLC
("Diversified", or the "Company")

Transaction in Own Shares

Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) announces that, in accordance with the terms of its share buyback program announced on 20 March 2025, the Company has purchased 37,142 Ordinary Shares of 20 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 1,008.37 pence per Share through Peel Hunt LLP ("Peel Hunt"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase24 March 2025
Aggregate Number of Ordinary Shares Purchased:37,142
Lowest Price Paid per Share (pence):1,000.00
Highest Price Paid per Share (pence):1,017.00
Volume-Weighted Average Price Paid per Share (pence):1,008.37


Following the cancellation of Shares, Diversified will have 80,936,013 Ordinary Shares of 20 pence each in issue and no Ordinary Shares are held in treasury. This figure of 80,936,013 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 Peel Hunt as part of the buyback program.

Schedule of Purchases

Shares purchased:DIVERSIFIED ENERGY COMPANY PLC (ISIN: GB00BQHP5P93)
Dates of purchases:24 March 2025
Investment firm:Peel Hunt LLP


Number of shares
purchased
Transaction price
(GBP per share)
Trading
venue
Transaction date
and time
Trade ID
3,00010.00XLON12:34:4400174606128TRLO0-1
16,69910.03XLON12:56:0100174607385TRLO0-1
10,30010.17XLON16:15:4800174631939TRLO0-1
15510.12XLON16:35:0800174634620TRLO0-1
43510.12XLON16:35:0800174634621TRLO0-1
82810.12XLON16:35:0800174634622TRLO0-1
710.12XLON16:35:0800174634623TRLO0-1
66210.12XLON16:35:0800174634624TRLO0-1
1,67910.12XLON16:35:0800174634625TRLO0-1
14510.12XLON16:35:0800174634626TRLO0-1
25810.12XLON16:35:0800174634627TRLO0-1
2,22210.12XLON16:35:0800174634628TRLO0-1
7010.12XLON16:35:0800174634629TRLO0-1
11010.12XLON16:35:0800174634630TRLO0-1
11510.12XLON16:35:0800174634631TRLO0-1
45710.12XLON16:36:1700174635632TRLO0-1


For further information, please contact:

Diversified Energy Company PLC+1 973 856 2757
Doug Krisdkris@dgoc.com
www.div.energy 
  
FTI Consultingdec@fticonsulting.com
U.S. & UK Financial Public Relations 


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) purchase in its recent buyback?

Diversified Energy purchased 37,142 Ordinary Shares at 1,008.37 pence per share through Peel Hunt LLP.

What is the new total number of outstanding shares for DEC after the buyback?

After the share cancellation, DEC will have 80,936,013 Ordinary Shares outstanding.

When was DEC's share buyback program announced?

The share buyback program was announced on March 20, 2025.

What will happen to the shares purchased by DEC in this buyback?

The purchased shares will be cancelled in due course.
Diversified Energy Company Plc

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