Contura Announces $100 Million Stock Repurchase Plan

BRISTOL, Tenn., Aug. 29, 2019 /PRNewswire/ — Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced that its Board of Directors has approved a stock repurchase plan (the “Company Repurchase Plan”) to acquire up to $100 million in the aggregate of the company’s common stock at prices as set forth in such plan over a specified period, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934.