
Diversified Energy PLC Announces Purchase and Cancellation of Own Shares Under Buyback Program
âĒBy ADMIN
Related Stocks:DEC
Diversified Energy PLC (NYSE: DEC; LSE: DEC), a Birmingham, Alabamaâbased energy company, today announced a transaction in its own shares under the terms of its existing share buyback program first announced on March 20, 2025. On January 5, 2026, the company, through Mizuho Securities USA LLC, purchased a total of **145,914 common shares** of its own stock at a **volumeâweighted average price of $14.0956 per share**. The shares were acquired on the open market with prices ranging from a **low of $13.70 to a high of $14.40** per share.
Following completion of the transactions and subsequent cancellation of these shares, Diversified Energy will have 78,884,330 ordinary shares outstanding, with no treasury stock held. This updated share count will be used as the basis for shareholder calculations under the UK Financial Conduct Authorityâs Disclosure Guidance and Transparency Rules.
The buyback was executed in multiple trades across several trading venues, with detailed daily price and volume data disclosed in accordance with UK Market Abuse Regulation requirements. Diversified Energy said this action reflects continued execution of its capital allocation strategies to enhance shareholder value by reducing share count.
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