AI English summary of an SEC filing — figures as filed
EQT said its Board of Directors approved a 2-year extension to the share repurchase program (Share Repurchase Program) on December 18, 2024. As a result, the program will expire on December 31, 2026.
Key points
AI summaryEQT said its Board of Directors approved a 2-year extension to the share repurchase program (Share Repurchase Program) on December 18, 2024. As a result, the program will expire on December 31, 2026.
The company said the program was originally announced on December 13, 2021 and was previously scheduled to expire on December 31, 2024. It said the other terms of the program remain unchanged.
The company said that as of December 18, 2024, the approximate dollar value of shares that may still be purchased under the share repurchase program is $1.4 billion.
EQT said repurchases will be made from time to time, in amounts and at prices the company deems appropriate, and will be subject to factors including the market price of EQT common stock, general market and economic conditions, applicable legal requirements and other considerations. It also said the program may be suspended, modified or discontinued at any time without prior notice.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
EQT Extends Share Repurchase Program Expiration by 2 Years
EQT said its Board of Directors approved a 2-year extension to the share repurchase program (Share Repurchase Program) on December 18, 2024. As a result, the program will expire on December 31, 2026.
Source · Based on the filing body and exhibits
Original expiration date and original announcement date
The company said the program was originally announced on December 13, 2021 and was previously scheduled to expire on December 31, 2024. It said the other terms of the program remain unchanged.
Source · Based on the filing body and exhibits
Remaining repurchase capacity as of December 18, 2024
The company said that as of December 18, 2024, the approximate dollar value of shares that may still be purchased under the share repurchase program is $1.4 billion.
Source · Based on the filing body and exhibits
Repurchase method and possible suspension or changes
EQT said repurchases will be made from time to time, in amounts and at prices the company deems appropriate, and will be subject to factors including the market price of EQT common stock, general market and economic conditions, applicable legal requirements and other considerations. It also said the program may be suspended, modified or discontinued at any time without prior notice.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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