Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has executed a share buyback transaction on July 18, 2025, purchasing 53,426 ordinary shares at a volume-weighted average price of $14.3485 per share through Mizuho Securities USA LLC.

The purchased shares will be cancelled, reducing the total number of outstanding ordinary shares to 78,014,034. The transaction was conducted across multiple trading venues, with prices ranging from $14.33 to $14.35 per share, as part of the company's buyback programme announced on March 20, 2025.

Positive

• Strategic share buyback reduces outstanding shares, potentially increasing value for remaining shareholders
• Consistent execution of previously announced buyback program demonstrates strong capital allocation strategy
• Company maintains sufficient liquidity to execute share repurchases

Negative

• Cash outflow of approximately $767,000 reduces available capital for operations or other investments
• Relatively small buyback size (0.07% of outstanding shares) may have limited impact on share value

Insights

Financial Analyst

DEC repurchased 53,426 shares as part of its ongoing buyback program, reducing outstanding shares to 78M.

Diversified Energy's latest share repurchase represents a continuation of the buyback program announced in March 2025. The company acquired 53,426 shares at a volume-weighted average price of $14.35, which will subsequently be cancelled. This transaction is part of DEC's capital allocation strategy that typically aims to return value to shareholders.

The repurchase is relatively small, representing approximately 0.07% of the company's outstanding shares, based on the new total of 78,014,034 shares that will remain after cancellation. Share buybacks generally benefit existing shareholders through increased ownership percentage and potential share price support.

From a market perspective, the buyback execution across multiple trading venues (including NYSE, NASDAQ, and others) demonstrates DEC's approach to optimizing execution and potentially minimizing market impact. The tight price range during execution ($14.33 to $14.35) suggests relatively stable market conditions during the repurchase period.

Companies typically implement buybacks when management believes shares are undervalued or to offset dilution from equity-based compensation. This transaction aligns with broader energy sector trends where companies with steady cash flows often return capital to shareholders through dividends and share repurchases rather than solely focusing on growth investments.

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 53,426 Ordinary Shares of 20 Pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of $14.3485 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	18 July 2025
Aggregate Number of Ordinary Shares Purchased:	53,426
Lowest Price Paid per Share (USD):	14.33
Highest Price Paid per Share (USD):	14.35
Volume-Weighted Average Price Paid per Share (USD):	14.3485

Following the cancellation of Shares, Diversified will have 78,014,034 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 78,014,034 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:	18 July 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
1763	$14.35		$14.35		$14.34		ARCX
445	$14.35		$14.35		$14.34		ASPN
1175	$14.35		$14.35		$14.34		BAML
878	$14.35		$14.35		$14.34		BATS
1,151	$14.3493		$14.35		$14.34		BATY
1,175	$14.3454		$14.35		$14.33		EDGA
10,656	$14.3494		$14.35		$14.34		EDGX
10,801	$14.3466		$14.35		$14.33		IEXG
185	$14.3500		$14.35		$14.35		JPMX
2,101	$14.3500		$14.35		$14.35		JSJX
100	$14.3500		$14.35		$14.35		LEVL
75	$14.3400		$14.34		$14.34		MEMX
5,000	$14.3500		$14.35		$14.35		MSPL
414	$14.3471		$14.35		$14.34		SGMT
4,167	$14.3445		$14.35		$14.33		UBSA
1,766	$14.3495		$14.35		$14.34		XBOS
8,733	$14.3482		$14.35		$14.34		XNAS
2,841	$14.3469		$14.35		$14.34		XNYS
Trading venue	Currency		Volume Weighted Average Price		Aggregated volume
NYSE	USD		$14.3485			53,426

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 (NYSE:DEC) buy back on July 18, 2025?

Diversified Energy bought back 53,426 ordinary shares at a volume-weighted average price of $14.3485 per share.

What is the new total number of outstanding shares for Diversified Energy (DEC) after the buyback?

Following the share cancellation, Diversified Energy will have 78,014,034 ordinary shares outstanding.

What was the price range for DEC's share buyback transaction?

The shares were purchased at prices ranging from $14.33 to $14.35 per share, with a volume-weighted average price of $14.3485.

Which broker executed the share buyback for Diversified Energy?

Mizuho Securities USA LLC (MSUSA) executed the share buyback transactions across multiple trading venues.

When did Diversified Energy announce this share buyback program?

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