Ramaco Resources announces up to $100 million stock repurchase plan; shares rise
23/12/2025 21:31
** Shares of coal miner Ramaco Resources METC.O rise nearly 5% to about $17.7 in after-market trading ** METC approves initiation of 24-month share repurchase program of up to $100 million in Class A common stock ** The board authorizes METC to enter into written trading plans under Securities Exchange Act of 1934 to repurchase shares ** Six of nine brokerages rate the stock "buy" or higher, two "hold" and one "sell"; their median PT is $42, according to data compiled by LSEG ** As of Tuesday's close, shares up 77.4% YTD (Reporting by Megavarshini G. Somasundaram in Bengaluru) ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))
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