BuybackJul 21, 2026, 09:21 AM
American Resources Corp Approves $20.0M Share Repurchase Program
AI Summary
American Resources Corp's Board of Directors approved a share repurchase program on July 12, 2026, authorizing the company to buy back up to $20.0 million of its outstanding Class A common stock. Repurchases can be made through various methods, including open market purchases and privately negotiated transactions, and may utilize Rule 10b5-1 and Rule 10b-18 plans. The timing and specifics of the repurchases will be determined by management based on market conditions and other business considerations, and the program can be suspended or terminated at any time.
Key Highlights
- American Resources Corp Board approved a share repurchase program on July 12, 2026.
- The program authorizes the repurchase of up to $20.0 million of Class A common stock.
- Repurchases may occur through open market, privately negotiated transactions, or block trades.
- The program allows for repurchases under Rule 10b5-1 trading plans and Rule 10b-18.
- Timing, manner, price, and amount will be determined by management based on various factors.
- The program does not obligate the company to repurchase any specific number of shares.
Price Impact
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