Transaction in Own Shares
Rhea-AI Summary
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has executed a share buyback program, purchasing 81,615 Ordinary Shares at a volume-weighted average price of $14.3248 per share through Mizuho Securities USA LLC. The share prices during the transaction ranged from $14.211 to $14.35.
Following the cancellation of these shares, Diversified's total outstanding Ordinary Shares will be reduced to 78,198,861. The purchases were executed across multiple trading venues, with the largest volume of 38,467 shares traded through IEXG.
Positive
- Strategic reduction of outstanding shares through buyback program
- Demonstrated financial capacity to execute share repurchases
- Potential increase in earnings per share due to reduced share count
Negative
- Reduction in cash reserves to fund the buyback
- Decreased market float and potentially reduced trading liquidity
News Market Reaction 1 Alert
On the day this news was published, DEC declined 0.07%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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 81,615 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: | 07 July 2025 |
| Aggregate Number of Ordinary Shares Purchased: | 81,615 |
| Lowest Price Paid per Share (USD): | 14.211 |
| Highest Price Paid per Share (USD): | 14.35 |
| Volume-Weighted Average Price Paid per Share (USD): | 14.3248 |
Following the cancellation of Shares, Diversified will have 78,198,861 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 78,198,861 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: | 07 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 | |||||
| 7381 | $14.34 | $14.35 | $14.26 | ARCX | |||||
| 1273 | $14.34 | $14.35 | $14.31 | ASPN | |||||
| 690 | $14.34 | $14.35 | $14.31 | BAML | |||||
| 85 | $14.33 | $14.35 | $14.31 | BARX | |||||
| 389 | $14.3246 | $14.35 | $14.28 | BATS | |||||
| 2,524 | $14.3310 | $14.35 | $14.29 | BATY | |||||
| 65 | $14.3400 | $14.34 | $14.34 | BNPC | |||||
| 1,305 | $14.3131 | $14.35 | $14.27 | EDGA | |||||
| 1,866 | $14.3406 | $14.35 | $14.30 | EDGX | |||||
| 400 | $14.3400 | $14.34 | $14.34 | HRTF | |||||
| 65 | $14.3400 | $14.34 | $14.34 | ICBX | |||||
| 38,467 | $14.3223 | $14.35 | $14.21 | IEXG | |||||
| 265 | $14.3400 | $14.34 | $14.34 | ITGI | |||||
| 580 | $14.3475 | $14.35 | $14.34 | JPMX | |||||
| 3,680 | $14.3341 | $14.35 | $14.28 | JSJX | |||||
| 200 | $14.3400 | $14.34 | $14.34 | LEVL | |||||
| 2 | $14.3400 | $14.34 | $14.34 | MEMX | |||||
| 600 | $14.3100 | $14.31 | $14.31 | MSPL | |||||
| 813 | $14.3146 | $14.35 | $14.29 | SGMT | |||||
| 1,615 | $14.3288 | $14.35 | $14.28 | UBSA | |||||
| 54 | $14.3100 | $14.31 | $14.31 | VFMI | |||||
| 2,054 | $14.3311 | $14.35 | $14.29 | XBOS | |||||
| 100 | $14.3400 | $14.34 | $14.34 | XCIS | |||||
| 8,774 | $14.3229 | $14.35 | $14.27 | XNAS | |||||
| 8,368 | $14.3281 | $14.35 | $14.27 | XNYS | |||||
| Trading venue | Currency | Volume Weighted Average Price | Aggregated volume | ||||||
| NYSE | USD | $14.3248 | 81,615 |
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 7, 2025?
What is the new total number of outstanding shares for Diversified Energy (DEC) after the buyback?
What was the price range for DEC's share buyback on July 7, 2025?
Which trading venue handled the largest volume of DEC's buyback transactions?
When was Diversified Energy's (DEC) share buyback programme announced?
