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Transaction in Own Shares

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Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) has executed a share buyback transaction on April 2, 2025, purchasing 5,000 ordinary shares at a fixed price of 1,070.00 pence per share through Peel Hunt LLP. The transaction was conducted as part of the company's share buyback program announced on March 20, 2025.

The acquired shares will be cancelled, reducing the total number of ordinary shares to 80,800,961. This figure will serve as the denominator for shareholders' calculations regarding interest notifications under FCA's Disclosure Guidance and Transparency Rules. The transaction was executed on the London Stock Exchange (XLON) at 16:26:38.

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Positive

  • Share buyback program execution indicates strong cash position and commitment to returning value to shareholders
  • Reduction in share count may increase earnings per share for remaining shareholders

Negative

  • Cash outflow of approximately £53,500 for share repurchases reduces company's available capital

News Market Reaction 1 Alert

-7.49% News Effect

On the day this news was published, DEC declined 7.49%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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 5,000 Ordinary Shares of 20 pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of 1,070.00 pence per Share through Peel Hunt LLP ("Peel Hunt"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase02 April 2025
Aggregate Number of Ordinary Shares Purchased:5,000
Lowest Price Paid per Share (pence):1,070.00
Highest Price Paid per Share (pence):1,070.00
Volume-Weighted Average Price Paid per Share (pence):1,070.00
  

Following the cancellation of Shares, Diversified will have 80,800,961 Ordinary Shares of 20 pence each in issue and no Ordinary Shares are held in treasury. This figure of 80,800,961 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:02 April 2025
Investment firm:Peel Hunt LLP
  


Number of shares
purchased
Transaction price
(GBP per share)
Trading
venue
Transaction date
and time
Trade ID
5,00010.70XLON16:26:3800175035963TRLO0
     

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 DEC purchase in its latest buyback transaction?

DEC purchased 5,000 ordinary shares at 1,070.00 pence per share on April 2, 2025.

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

Following the share cancellation, DEC will have 80,800,961 ordinary shares in issue.

When was DEC's current share buyback program announced?

DEC's current share buyback program was announced on March 20, 2025.

What was the volume-weighted average price for DEC's share buyback?

The volume-weighted average price was 1,070.00 pence per share.
Diversified Energy Company Plc

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