Tranche Update on Contura Energy, Inc.'s Equity Buyback Plan announced on December 6, 2018.
January 29, 2019 at 01:31 pm
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From December 6, 2018 to December 31, 2018, the company has repurchased 223,218 shares, representing 1.16% for $15 million. With this, the company has completed the repurchase of 223,218 shares, representing 1.16% for $15 million under the buyback announced on December 6, 2018.
Alpha Metallurgical Resources, Inc. is a mining company with operations across Virginia and West Virginia. The Company supplies metallurgical products to the steel industry. Its portfolio of mining operations consists of about 15 underground mines, seven surface mines and nine coal preparation plants. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities. It conducts mining operations only in the United States with mines in Central Appalachia. The Company operates in one segment: Met, which consists of five active mines and two preparation plants in Virginia, 17 active mines and six preparation plants in West Virginia, as well as expenses associated with certain idled/closed mines. The Met segment operations consist of met coal mines, including Deep Mine 41, Road Fork 52, Black Eagle, and Lynn Branch. It ships met coal to domestic and international steel and coke producers.
ALPHA METALLURGICAL RESOURCES, INC. 
