American Resources approved a $20.0 million share repurchase program for its Class A common stock.
Key Highlights:
- Board authorized repurchases of up to $20.0 million of outstanding Class A common stock.
- Repurchases may occur via open market, negotiated transactions, block trades, or Rule 10b5-1/10b-18 plans.
- Timing, price and amount determined by management based on market conditions, capital and business needs.
- Program is discretionary; no obligation to repurchase shares and authorization can be suspended or terminated.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.