BUZZ-Ramaco Resources announces up to $100 million stock repurchase plan; shares rise

Reuters2025-12-24
BUZZ-Ramaco Resources announces up to $100 million stock repurchase plan; shares rise

** Shares of coal miner Ramaco Resources METC.O rise nearly 5% to about $17.7 in after-market trading

** METC approves initiation of 24-month share repurchase program of up to $100 million in Class A common stock

** The board authorizes METC to enter into written trading plans under Securities Exchange Act of 1934 to repurchase shares

** Six of nine brokerages rate the stock "buy" or higher, two "hold" and one "sell"; their median PT is $42, according to data compiled by LSEG

** As of Tuesday's close, shares up 77.4% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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