Alpha announces second quarter 2023 financial results

Reports second quarter net income of $181.4 million, or $12.16 per diluted share posts adjusted ebitda of $258.5 million for the quarter maintains robust progress of share buyback program by returning more than $850 million to shareholders since program inception as of july 31, 2023, with nearly $350 million in board authorization remaining declares quarterly dividend of $0.50 per share announces board decision to cease fixed dividend program at year end, consolidating focus and exclusive capital return priority to the share buyback program reduces full-year volume guidance for thermal coal within the met segment to 1.0 million to 1.4 million tons bristol, tenn. , aug. 4, 2023 /prnewswire/ -- alpha metallurgical resources, inc. (nyse: amr), a leading u.s. supplier of metallurgical products for the steel industry, today reported financial results for the second quarter ending june 30, 2023.
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