- Diversified Energy Company (DEC, Financial) repurchased 60,300 shares at an average price of $11.97 on April 22, 2025.
- The buyback represents approximately 0.075% of DEC's total shares outstanding.
- Following the cancellation of these shares, DEC will have 80,498,562 ordinary shares in circulation.
Diversified Energy Company (DEC) conducted a share buyback on April 22, 2025, acquiring 60,300 ordinary shares through Mizuho Securities USA. The shares were purchased at a volume-weighted average price of $11.9682, with trading prices ranging from $11.60 to $12.10.
This buyback is part of the company's ongoing buyback program initiated in March 2025, reflecting DEC's commitment to capital returns. The company's action reduces the total shares outstanding to 80,498,562, potentially enhancing the value per share and indicating confidence in its business strategy.
The buyback transaction, though modest, underscores DEC's continued focus on shareholder value and capital allocation strategies. This move is expected to support earnings per share and possibly the share price over time.
