Brief: Alpha Reports Third Quarter Financial Results

Alpha Metallurgical Resources

07/11/2022 14:41

Nov 7 (Reuters) - Alpha Metallurgical Resources Inc
 AMR.N :
    * ALPHA REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS
    * Q3 EARNINGS PER SHARE $14.21
    * QTRLY TOTAL REVENUE $869.8 MILLION VERSUS $648.8 MILLION
    * INCREASES QTRLY DIVIDEND AMOUNT TO 41.8 CENTS PER SHARE
    * INCREASES SHARE BUYBACK AUTHORIZATION TO $1 BILLION FROM
PRIOR
LEVEL OF $600 MILLION
    * ANNOUNCES CUMULATIVE $452 MILLION IN BUYBACKS THROUGH
SHARE
REPURCHASE PROGRAM AS OF OCT 31
    * ANNOUNCES ONE-TIME, SPECIAL DIVIDEND OF $5.00 PER SHARE
    * ANNOUNCES 4.5 MILLION TONS OF 2023 DOMESTIC SALES
COMMITMENTS AT
AN AVERAGE PRICE OF $192.27 PER TON

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