American resources corporation announces board authorization for stock repurchase program

Up to $10,000,000 of stock is authorized to be repurchased at the discretion of management over the board fishers, in / accesswire / august 29, 2022 / american resources corporation (nasdaq:arec) ("american resources" or the "company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that its board of directors has authorized a stock repurchase program (the "share repurchase program") for up to $10,000,000 of its shares of common stock outstanding. kirk taylor, chief financial officer of american resources corporation commented, "our special committee has been evaluating numerous initiatives that it believes will maximize shareholder value in the short term, medium term and long term.
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