Diversified Energy (DEC) Repurchases 300,000 Shares to Cut Share Count

Diversified Energy Company (NYSE:DEC) is included among the 14 Best Energy Stocks to Buy According to Wall Street Analysts.

Diversified Energy (DEC) Repurchases 300,000 Shares to Cut Share Count

Diversified Energy Company (NYSE:DEC) responsibly produces, transports, and markets primarily natural gas and natural gas liquids from existing assets in the United States.

Diversified Energy Company (NYSE:DEC) announced on March 19 that it had repurchased 300,000 shares of its common stock at a volume-weighted average price of  $14.20 per share. The transaction was executed by Morgan Stanley & Co. LLC, and is part of the company’s share buyback program that it announced last month. The repurchased shares will be cancelled, reducing DEC’s outstanding share count to 72,305,682. The figure will act as the new denominator for shareholders for regulatory disclosure thresholds and may modestly enhance the company’s earnings per share.

Diversified Energy Company (NYSE:DEC) bought back around 7.3 million shares in 2025, reducing its share count by approximately 10%. The company then authorized a new share buyback program on February 26, with a target to repurchase approximately 7.8 million shares through March 1, 2027. The new plan will further reduce DEC’s total outstanding share count by around 10%.

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