June 17 (Reuters) - Liquefied natural gas (LNG) firm Cheniere Energy (LNG.N) New Tab, opens new tab said on Monday it has approved an additional $4 billion in share repurchase through 2027 and increased quarterly dividend by 15% to $2.00 per share.

In May, the company beat adjusted core profit estimates, as higher-than-expected export volumes countered lower natural gas prices.

The U.S. emerged as the top LNG exporter in 2023 as buyers scrambled to find alternate sources after Western sanctions squeezed supplies from Russia.

The LNG firm said on Monday the new dividend will be commencing in the third quarter.

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https://www.reuters.com/business/energy/cheniere-energy-raises-share-repurchase-by-4-bln-2024-06-17/