EQT Corp.

Announced approval by board of directors of a share repurchase program, under which the company is authorized to repurchase up to $1 billion of its outstanding common stock. The share repurchase authority is effective immediately and valid through Dec. 31, 2023. This program is equivalent to approximately 13% of EQT’s current market capitalization. The shares may be repurchased from time to time in open market transactions, through privately negotiated transactions or by other means in accordance with federal securities laws. The company intends to fund repurchases from available working capital and cash provided by operating activities. The timing, as well as the number and value of shares repurchased under the program, will be determined by the company at its discretion and will depend on a variety of factors, including the market price of the company’s common stock, general market and economic conditions and applicable legal requirements.