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US Alpha Metallurgical in share buyback lift

New York-listed Alpha Metallurgical Resources has hiked its existing share repurchase authorization by US$400 million to $1 billion despite lower Q3 earnings, which fell in line with weaker international coal prices.

Steven Swindells
Alpha Met lifts sharebuy programme

Alpha Met lifts sharebuy programme

"We remain committed, as always, to prudently returning capital to shareholders," said Alpha's chief executive David Stetson on the share buyback program. The firm spent a cumulative $452 million in...

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