Press Releases
Month Year
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Month Year
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Oct 30, 2018Third quarter performance reflects underlying strength of global platform amid events at North Goonyella Mine; Operating results led by Australian thermal segment; Largest quarter of share repurchases brings current buyback program to $875 million; Buybacks reaffirmed and authorization expanded to $1.5 billion; Shoal Creek acquisition to add 2 million tons or more of seaborne hard coking coal capacity per year
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Oct 11, 2018
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Oct 3, 2018
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Oct 2, 2018
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Sep 28, 2018
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Sep 28, 2018
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Sep 27, 2018
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Sep 25, 2018
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Sep 19, 2018
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Jul 24, 2018Robust margins from Australian platform drive continued strong earnings and cash flows; High level of repurchases brings July year-to-date cash returned to shareholders to over $425 million; Company liberates all remaining cash collateral supporting reclamation obligations; Peabody increases dividend to $0.125 per share.
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Apr 25, 2018First quarter results reflect substantial cash flow generation; Company accelerates share repurchases and expands program size to $1.0 billion; Peabody confirms financial targets for 2018
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Feb 7, 2018Continued strong operational performance leads to year-end unrestricted cash levels of $1.01 billion; Company completes additional $200 million of debt reduction and $107 million of share buybacks in quarter; Peabody achieves additional milestone in shareholder returns by initiating quarterly dividend; New revolver upsized to $350 million and Australian surety bond capacity initiated; $175 million in restricted cash released; Capital structure simplified as preferred shares fully converted to common stock in late January 2018.