Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company (NYSE:DEC) announced a purchase of 122,657 common shares on December 18, 2025 under its buyback program announced on March 20, 2025. The shares were bought through Mizuho Securities USA at a volume-weighted average price of $13.9100 and will be cancelled.

After cancellation, Diversified will have 79,437,821 shares outstanding and no treasury shares; shareholders should use that figure for FCA Disclosure Guidance and Transparency Rules calculations.

News Market Reaction – DEC

-0.51%

1 alert

-0.51% News Effect

On the day this news was published, DEC declined 0.51%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Shares repurchased: 122,657 shares VWAP repurchase price: $13.9100 per share Daily price range: $13.83–$14.00 per share +1 more

4 metrics

Shares repurchased 122,657 shares Buyback on December 18, 2025

VWAP repurchase price $13.9100 per share Volume-weighted average price paid in buyback

Daily price range $13.83–$14.00 per share Lowest and highest prices paid in buyback

Shares outstanding post-cancel 79,437,821 shares Common shares in issue after cancellation

Market Reality Check

Price: $14.61 Vol: Volume 462,983 is 0.69x t...

low vol

$14.61 Last Close

Volume Volume 462,983 is 0.69x the 20-day average 666,677, indicating lighter trading. low

Technical Shares trade below the 200-day MA, at $13.78 vs MA $13.99 before this news.

Peers on Argus

DEC was down 2.06% while peers were mixed: CRGY -4.62%, SLNG -6.57%, CVE -2.78% ...

DEC was down 2.06% while peers were mixed: CRGY -4.62%, SLNG -6.57%, CVE -2.78% versus TGS +2.63% and NFG +0.18%, pointing to stock-specific factors.

Historical Context

5 past events · Latest: Dec 17 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 17	Share buyback	Positive	+3.4%	Buyback of 158,447 shares at VWAP $13.7436 for cancellation.
Dec 16	Share buyback	Positive	-0.9%	Buyback of 122,944 shares at VWAP $13.7447 for cancellation.
Dec 16	Dividend update	Positive	-0.9%	Q2 2025 dividend of $0.29 per share with GBP exchange rate.
Dec 04	TR-1 holding change	Neutral	+0.9%	Ameriprise reduced voting interest to 4.792% of shares.
Dec 03	Acquisition financing	Positive	+2.7%	$400M ABS XI financing for Canvas Energy acquisition at 5.97% coupon.

Pattern Detected

Recent buyback and financing updates often led to modest price moves, with both positive and negative reactions, suggesting mixed but generally responsive trading around capital allocation news.

Recent Company History

Over recent weeks, Diversified reported multiple buyback transactions, cancelling shares and updating the FCA disclosure denominator to 80,322,829 and then 80,164,402. It also confirmed a $0.29 Q2 2025 dividend (about 21.634 pence in GBP) and completed a $400 million ABS financing for the Canvas Energy acquisition with a 5.97% A-tranche coupon. These events frame the latest buyback as part of an ongoing capital return and funding strategy.

Market Pulse Summary

This announcement details another step in Diversified’s ongoing buyback, with 122,657 shares repurch...

Analysis

This announcement details another step in Diversified’s ongoing buyback, with 122,657 shares repurchased at a VWAP of $13.9100 and total shares in issue falling to 79,437,821. Alongside recent buyback updates and prior financing activity, it reinforces a capital allocation pattern focused on returning cash and tightening the share count. Investors may watch future disclosures for additional repurchase volumes, changes in outstanding shares, and any related regulatory filings.

Key Terms

volume-weighted average price, market abuse regulation, disclosure guidance and transparency rules, trading venue

4 terms

volume-weighted average price financial

"purchased 122,657 shares... at a volume-weighted average price of $13.9100"

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.

disclosure guidance and transparency rules regulatory

"denominator for the calculations by which they will determine... under the FCA's Disclosure Guidance and Transparency Rules"

Disclosure guidance and transparency rules are the standards and regulations that require companies to share clear, timely information about their finances, risks, operations and material events. They matter to investors because consistent, honest reporting is like a car’s dashboard — it reveals the data you need to judge safety and performance and make informed buying or selling decisions. Strong disclosure reduces surprises and helps keep markets fair and efficient.

trading venue technical

"Daily lowest price per share | Trading Venue"

A trading venue is any organized place or system where buyers and sellers meet to swap stocks, bonds or other securities, like a physical market or an online exchange. It matters to investors because the venue determines how easily orders are filled, how quickly prices move, what rules and fees apply, and how transparent pricing is — much like choosing a busy bazaar versus a small shop affects price, speed and cost.

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 122,657 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 $13.9100 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	December 18, 2025
Aggregate Number of Shares Purchased:	122,657
Lowest Price Paid per Share (USD):	13.83
Highest Price Paid per Share (USD):	14.00
Volume-Weighted Average Price Paid per Share (USD):	13.9100

Following the cancellation of Shares, Diversified will have 79,437,821 shares of common stock, in issue and no shares of common stock is held in treasury. This figure of 79,437,821 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
5,812	$13.8972		$14.00		$13.83		ARCX
2,431	$13.9017		$14.00		$13.84		ASPN
2,540	$13.8596		$13.90		$13.84		BAML
1,241	$13.8660		$14.00		$13.84		BATS
606	$13.9600		$14.00		$13.87		BATY
200	$13.8700		$13.87		$13.87		EDGA
3,177	$13.9100		$14.00		$13.83		EDGX
78,122	$13.9264		$14.00		$13.83		IEXG
3,120	$13.8783		$13.99		$13.84		JPMX
3,040	$13.8640		$13.87		$13.85		JSJX
100	$13.8600		$13.86		$13.86		LEVL
424	$13.8540		$13.98		$13.84		MEMX
230	$13.8767		$13.98		$13.84		SGMT
4,594	$13.8883		$14.00		$13.83		UBSA
560	$13.9438		$14.00		$13.86		XBOS
200	$13.9433		$13.98		$13.87		XCIS
7,551	$13.8930		$14.00		$13.84		XNAS
8,709	$13.8923		$14.00		$13.83		XNYS
Trading venue	Currency
NYSE	USD		$13.9100		122,657

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) buy back on December 18, 2025?

Diversified purchased 122,657 shares on December 18, 2025.

What was the VWAP Diversified (DEC) paid for its December 18, 2025 buyback?

The volume-weighted average price was $13.9100 per share.

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

After cancellation, Diversified will have 79,437,821 shares of common stock outstanding and no treasury shares.

When was Diversified Energy's (DEC) buyback program announced?

The buyback program was announced on March 20, 2025.

Which broker executed Diversified Energy's (DEC) December 18, 2025 buyback trades?

The trades were executed through Mizuho Securities USA LLC.

Where can shareholders find the detailed trade prices for Diversified's (DEC) December 18, 2025 purchases?

Detailed per-venue trade prices and volumes are provided in the company's December 18, 2025 buyback schedule, including lowest, highest, and daily VWAP figures.