Cheniere Energy (LNG) Announces Comprehensive Long-Term Capital Allocation Plan
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Cheniere Announces Comprehensive Long-Term Capital Allocation Plan
September 7, 2021 4:04 PM EDT~$1 Billion of debt paydown per year until investment grade metrics achieved Initiating quarterly LNG dividend for Q3 2021 at $0.33/share Share repurchases resumed in Q3; Program reset to 3 years $1 Billion in Q4 Corpus Christi Stage 3 FID expected in 2022
HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. (Cheniere or the Company) (NYSE American: LNG) announced today that its Board of Directors has approved a comprehensive, long-term capital allocation plan (the Plan) designed to achieve an investment grade balance sheet, return significant capital to shareholders over... More
