Antero Midstream announces $300-million share buyback plan
Tuesday, August 27, 2019
Attempting to boost shareholder value, Antero Midstream Corporation has announced a $300-million share buyback program, according to Nasdaq.
The company doesn’t expect the program to have any effect on its financial leverage profile. This move is expected to further increase the flexibility of its capital return program.
Antero Midstream plans to run the program through June 30, 2021.
Learn more: Nasdaq > Antero Midstream approves $300-Million Share Repurchase Plan
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Shale FAQ
How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
What are royalties?
Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.