Alpha announces financial results for third quarter 2023

Posts third quarter net income of $93.8 million, or $6.65 per diluted share announces adjusted ebitda of $153.9 million for the quarter continues progress on buyback program, with nearly $940 million returned to shareholders since program inception as of october 27, 2023 announces $300 million increase in authorization for the share repurchase program, bringing total authorization to $1.5 billion declares quarterly dividend of $0.50 per share, after which the dividend program will cease issues 2024 operational guidance announces completed refinancing of asset-based revolving credit facility (abl) completes transition to pure-play metallurgical producer with the closure of last remaining thermal mine, slabcamp bristol, tenn., nov. 2, 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 third quarter ending september 30, 2023.
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