While reporting financial results for the fourth quarter on Tuesday, Arch Coal, Inc. (ARCH) initiated its total sales volume outlook for the full year 2022 in the range of 81.0 million to 87.8 million tons.
Arch also plans to relaunch its capital return program in the second quarter of 2022 using an allocation model that it believes will deliver significant value to its stockholders. Under this model, Arch plans to return to stockholders approximately 50 percent of the prior quarter's discretionary cash flow.
In advance of the second quarter implementation of the new capital return program, the Arch board has declared a quarterly cash dividend payment of $0.25 per share, payable on March 15, 2022 to stockholders of record on February 28, 2022.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.