Brief: EnLink Midstream Expands Common Unit Repurchase Authorization

EnLink Midstream LLC

16/01/2024 22:35

Jan 16 (Reuters) - EnLink Midstream LLC  ENLC.N :
    * ENLINK MIDSTREAM EXPANDS COMMON UNIT REPURCHASE
AUTHORIZATION,
INCREASES QUARTERLY DISTRIBUTION, AND UPDATES FINANCIAL POLICY
    * ENLINK MIDSTREAM LLC: BOARD AUTHORIZED A NEW $200 MILLION
UNIT
REPURCHASE PLAN FOR 2024
    * ENLINK MIDSTREAM LLC:  INCREASED QUARTERLY DISTRIBUTION
FOR Q4
OF 2023 TO $0.1325 PER COMMON UNIT
    * ENLINK MIDSTREAM LLC: LOWERED ITS LONG-TERM LEVERAGE
TARGET TO
3.5X DEBT-TO-EBITDA

Source text for Eikon:  ID:nPn80sWkya 
Further company coverage:  ENLC.N 

 ((Reuters.Briefs@thomsonreuters.com;))