Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company (NYSE:DEC) bought 145,914 shares on January 5, 2026 under its buyback program announced March 20, 2025. The shares were purchased via Mizuho Securities USA LLC at a volume-weighted average price of $14.0956 per share (range: $13.70–$14.40) and will be cancelled.

After cancellation, the company will have 78,884,330 shares outstanding and no treasury shares; that figure is the denominator for FCA Disclosure Guidance and Transparency Rules notifications. Detailed per-venue trade data and contact details for investor relations were provided.

Key Figures

Shares repurchased 145,914 shares Buyback on January 5, 2026 under program announced March 20, 2025

VWAP buyback price $14.0956 per share Volume-weighted average purchase price on January 5, 2026

Buyback price range $13.70–$14.40 per share Lowest and highest prices paid on January 5, 2026

Shares outstanding post-cancel 78,884,330 shares Common stock in issue after cancellation, no treasury shares

Current share price $14.26 Price before this news, down 3.65% over 24 hours

52-week range $10.08–$17.70 Price vs 52-week low and high prior to news

Market capitalization $1,149,802,572 Market value of equity prior to this announcement

200-day moving average $14.11 Technical reference level, with price trading above it

Market Reality Check

$13.30 Last Close

Volume Volume 589,368 is slightly below 20-day average 638,971 (relative volume 0.92x). normal

Technical Price $14.26 is trading just above the 200-day MA at $14.11.

Peers on Argus

DEC fell 3.65% while key peers like CRGY (-5.83%) and CVE (-1.65%) also declined, suggesting broader energy softness but with DEC outperforming some peers.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Jan 02	Share buyback update	Positive	+2.2%	Reported 28,904-share repurchase and post-cancellation share count update.
Dec 30	Share buyback update	Positive	+0.3%	Disclosed 14,000 shares bought and updated outstanding share total.
Dec 29	Share buyback update	Positive	+1.0%	Announced 54,459-share purchase with detailed pricing schedule.
Dec 24	Share buyback update	Positive	-0.2%	Reported 54,988-share buyback at $13.9712 VWAP and new share count.
Dec 23	Share buyback update	Positive	+3.3%	Detailed 103,367-share repurchase with VWAP and FCA denominator guidance.

Pattern Detected

Recent buyback announcements have generally seen positive next-day moves, with one small divergence.

Recent Company History

Over the past weeks, Diversified Energy has repeatedly reported buybacks under its March 20, 2025 program, cancelling all repurchased shares and maintaining no treasury stock. Announcements on Dec 22–31, 2025 detailed purchases ranging from 14,000 to 103,367 shares at volume-weighted prices around the mid‑$13s to mid‑$14s, with post-cancellation share counts above 79M. Price reactions over the following 24 hours were mostly positive, including moves of 3.29% and 2.21%, suggesting the market has often responded constructively to these buyback updates.

Market Pulse Summary

This announcement details another tranche of share repurchases under the March 20, 2025 buyback program, with 145,914 shares acquired at a volume-weighted average price of $14.0956 and slated for cancellation. Following this, the share count falls to 78,884,330 with no treasury stock, a key denominator for FCA disclosure thresholds. Recent history shows repeated buyback updates with mostly constructive price reactions, so investors may monitor ongoing execution, trading volumes, and proximity to the 200-day moving average as context for future developments.

Key Terms

par value financial

"shares of common stock, par value $0.01 per share of the Company"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

volume-weighted average price financial

"in the market at a volume-weighted average price of $14.0956 per Share"

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

"Regulation (EU) No 596/2014 (the Market Abuse Regulation), (as in force in the UK"

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

"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"

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.

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 145,914 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 $14.0956 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	January 05, 2026
Aggregate Number of Shares Purchased:	145,914
Lowest Price Paid per Share (USD):	13.70
Highest Price Paid per Share (USD):	14.40
Volume-Weighted Average Price Paid per Share (USD):	14.0956

Following the cancellation of Shares, Diversified will have 78,884,330 shares of common stock, in issue and no shares of common stock is held in treasury. This figure of 78,884,330 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
13542	14.1374	$14.37		$13.78		ARCX
7691	14.1165	$14.30		$13.78		ASPN
1820	14.1700	$14.29		$13.88		BAML
1892	14.1057	$14.28		$13.76		BATS
2585	14.1100	$14.28		$13.80		BATY
1189	14.2900	$14.30		$14.28		BIDS
1848	14.1705	$14.39		$13.87		EDGA
1730	14.1028	$14.25		$13.82		EDGX
65541	14.0488	$14.40		$13.72		IEXG
1523	14.2080	$14.29		$14.03		JPMX
557	14.0867	$14.28		$13.99		JSJX
1000	14.2933	$14.30		$14.28		LEVL
48	14.1900	$14.19		$14.19		MEMX
800	14.2850	$14.29		$14.28		MSPL
820	14.0600	$14.29		$13.80		SGMT
8168	14.1233	$14.30		$13.78		UBSA
1200	14.2850	$14.29		$14.28		VFMI
1600	14.1262	$14.30		$13.82		XBOS
148	14.2100	$14.23		$14.19		XCHI
400	14.1850	$14.25		$14.06		XCIS
11879	14.1184	$14.37		$13.72		XNAS
19933	14.0849	$14.39		$13.70		XNYS

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 Company (DEC) purchase on January 5, 2026?

DEC purchased 145,914 shares on January 5, 2026 under its buyback program.

What was the volume-weighted average price (VWAP) for DEC's January 5, 2026 buyback?

The VWAP for the purchases was $14.0956 per share.

What will DEC's outstanding share count be after the cancellation of the January 5, 2026 buyback?

After cancellation, DEC will have 78,884,330 shares of common stock outstanding and no treasury shares.

Where can investors find the detailed trade-by-trade schedule for DEC's buyback on January 5, 2026?

The company published a detailed schedule listing per-venue volumes, daily VWAPs, and high/low prices for the January 5, 2026 trades.

Does the January 5, 2026 buyback affect FCA notification thresholds for DEC shareholders?

Yes. The post-cancellation share count of 78,884,330 is the denominator shareholders should use to determine FCA notification obligations.

Which broker executed DEC's share purchases on January 5, 2026?

Mizuho Securities USA LLC executed the purchases on behalf of DEC.