Diversified Energy PLC announces substantial share buyback as part of their strategy to deliver strong shareholder value

Published: 05 May 2025
Diversified Energy Company PLC announces the purchase of 59,447 Ordinary Shares as part of their share buyback programme.

Diversified Energy Company PLC, a publicly traded leader in the energy sector, has announced a significant purchase of 59,447 Ordinary Shares of 20 Pence each. The move comes as part of the Company’s share buyback programme announced on 20 March 2025. Indicative of their strategic commitment to shareholder value, the shares were brought at a volume-weighted average price of $12.8506 each through Mizuho Securities USA LLC (MSUSA).

Following due process, the acquired shares will be cancelled, leaving Diversified with 79,939,415 Ordinary Shares of 20 Pence each in issue, with no shares held in the treasury. This denotes a transparent operation for shareholders in their calculations relating to their interest or changes in interest in the company under the FCA’s Disclosure Guidance and Transparency Rules.

Diversified Energy Company PLC, through a robust strategy, focuses on acquiring existing, long-life assets, and investing in them to augment their environmental and operational performance. The firm’s approach directed towards responsible energy production, generating stable free cash flow, and enhancing shareholder value has earned it recognition for its commitment to sustainability. The execution of the share buyback programme further underscores their commitment to maximising shareholder returns.