What is the total authorization for Alpha's share repurchase program?

Alpha's board of directors authorized a share repurchase program with a total expenditure capacity of $1.5 billion for the repurchase of its common stock. As of July 31, 2026, approximately $1.2 billion had been spent, leaving approximately $300 million remaining under authorization.

How many shares has Alpha repurchased to date?

As of July 31, 2026, Alpha had acquired approximately 7.0 million shares of common stock at an average price of $166.29 per share. The company had 12,679,045 shares outstanding as of that date, not including the potential effect of unvested equity awards.

What was Alpha's financial performance in Q2 2026?

Alpha reported a net loss of $12.3 million, or $0.96 per diluted share, for Q2 2026, compared to a net loss of $11.0 million in Q1 2026. The company cited soft met market conditions and high-wind storm damage at its terminal facility as contributing factors.

How much cash did Alpha have available as of June 30, 2026?

As of June 30, 2026, Alpha had total liquidity of $447.8 million, including $307.6 million in cash and cash equivalents, $30.9 million in short-term investments, and $184.3 million of unused availability under its asset-based revolving credit facility, offset by a $75.0 million minimum required liquidity requirement.

What was the execution mechanism for these repurchases?

The filing does not specify the execution mechanism (e.g., Rule 10b-18 open-market purchases, ASR, 10b5-1 plan, or tender offer) used for the repurchases reported in this earnings release.

AMR 8-K Filed 2026-08-07 Execution disclosure

Alpha Metallurgical repurchased 7M shares at $166.29 avg in Q2

Company reports $1.2B spent under $1.5B program through July 31, 2026

Shares repurchased7.0M

Avg price paid$166.29

Remaining$300M

MechanismNot specified

What the filing says

Alpha Metallurgical Resources, Inc. (NYSE: AMR) reported execution details of its share repurchase program in a press release filed as an 8-K on August 7, 2026. As of July 31, 2026, the company had acquired approximately 7.0 million shares of common stock at a cost of approximately $1.2 billion, or an average price of $166.29 per share.

The company's board previously authorized a share repurchase program with a total expenditure capacity of $1.5 billion for the repurchase of its common stock. This execution brings cumulative repurchases to approximately 80% of the authorized amount. As of the same date, Alpha had 12,679,045 shares of common stock outstanding, not including the potential effect of unvested equity awards.

According to the filing, the timing and amount of future share repurchases will be based on various factors, including market conditions, the trading price of the stock, applicable legal requirements, compliance with the company's debt agreements, and other factors. The execution mechanism is not explicitly specified in the filing.

As previously announced, Alpha's board of directors authorized a share repurchase program allowing for the expenditure of up to $1.5 billion for the repurchase of the company's common stock. As of July 31, 2026, the company had acquired approximately 7.0 million shares of common stock at a cost of approximately $1.2 billion, or approximately $166.29 per share. — Alpha Metallurgical Resources, Inc. 8-K filing · View on SEC EDGAR →

What this means

Alpha Metallurgical has executed 80% of its $1.5 billion share repurchase authorization, reducing outstanding share count from an initial baseline to 12.7 million shares as of July 31, 2026. At an average execution price of $166.29 per share, the $1.2 billion spent represents a material capital allocation decision made during a period when the company reported Q2 net losses and soft metallurgical coal market conditions. The remaining $300 million authorization provides flexibility for continued repurchases, though execution will depend on market conditions, stock price, liquidity constraints, and debt agreement compliance as market conditions warrant.

Frequently asked questions

What is the total authorization for Alpha's share repurchase program?: Alpha's board of directors authorized a share repurchase program with a total expenditure capacity of $1.5 billion for the repurchase of its common stock. As of July 31, 2026, approximately $1.2 billion had been spent, leaving approximately $300 million remaining under authorization.
How many shares has Alpha repurchased to date?: As of July 31, 2026, Alpha had acquired approximately 7.0 million shares of common stock at an average price of $166.29 per share. The company had 12,679,045 shares outstanding as of that date, not including the potential effect of unvested equity awards.
What factors will influence the timing and amount of future repurchases?: According to the filing, the timing and amount of share repurchases will be based on various factors, including market conditions, the trading price of the stock, applicable legal requirements, compliance with the company's debt agreements, and other factors.
What was Alpha's financial performance in Q2 2026?: Alpha reported a net loss of $12.3 million, or $0.96 per diluted share, for Q2 2026, compared to a net loss of $11.0 million in Q1 2026. The company cited soft met market conditions and high-wind storm damage at its terminal facility as contributing factors.
How much cash did Alpha have available as of June 30, 2026?: As of June 30, 2026, Alpha had total liquidity of $447.8 million, including $307.6 million in cash and cash equivalents, $30.9 million in short-term investments, and $184.3 million of unused availability under its asset-based revolving credit facility, offset by a $75.0 million minimum required liquidity requirement.
What was the execution mechanism for these repurchases?: The filing does not specify the execution mechanism (e.g., Rule 10b-18 open-market purchases, ASR, 10b5-1 plan, or tender offer) used for the repurchases reported in this earnings release.

execution repurchase metallurgical-coal energy-sector q2-2026

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.