Alpha Metallurgical Director Purchases $2.9 Million in Shares at $193.50

A director’s open-market buy of 15,000 shares signals long-term confidence amid a 39% one-year total return. Alpha Metallurgical Resources Director Kenneth S. Courtis acquired 15,000 shares on August 20, 2026, at a weighted average price of $193.50, totaling $2.9 million.

A director’s open-market buy of 15,000 shares signals long-term confidence amid a 39% one-year total return.

Alpha Metallurgical Resources Director Kenneth S. Courtis acquired 15,000 shares on August 20, 2026, at a weighted average price of $193.50, totaling $2.9 million. The purchase lifted his direct holding to 1,000,394 shares, reflecting a substantial stake in the coal producer.

The transaction occurred after a 39% one-year total return, despite a trailing twelve-month net loss of $46.1 million. Alpha Metallurgical maintains a $2.5 billion market capitalization and $2.1 billion in trailing revenue, operating 19 active mines.

Shares closed at $194.30 on August 20, slightly above the purchase price but below the prior day’s $194.42 close.

Leave a Reply

Your email address will not be published. Required fields are marked *