ST. LOUIS, May 10, 2018 /PRNewswire/ -- Peabody announced today that its board of directors has declared a quarterly dividend of $0.115 per share on the company's common stock, payable on June 4, 2018 to shareholders of record on May 21, 2018. Peabody is the leading global pure-play coal company, serving power and steel customers in more than 25 [...]
First 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 ST. LOUIS, April 25, 2018 /PRNewswire/ -- Peabody today announced its first quarter 2018 operating results, including revenues of $1.46 billion, income from [...]
ST. LOUIS, April 11, 2018 /PRNewswire/ -- Peabody's Wild Boar Mine was honored recently with the 2018 National Reclamation Award for reclamation work on the Barren Fork Pit. Awarded by the Interstate Mining Compact Commission in the coal category, the award recognizes the company's "dedication to the maintenance of environmental protection through [...]
ST. LOUIS, April 9, 2018 /PRNewswire/ -- Peabody announced today that it reduced the interest rate and extended the maturity of the company's Senior Secured Term Loan. The transaction is expected to close on April 11, subject to customary closing conditions. The company's Senior Secured Term Loan would now bear interest at a rate of LIBOR plus [...]
ST. LOUIS, April 4, 2018 /PRNewswire/ -- On Wednesday, April 25, 2018, Peabody will announce results for the quarter ended March 31, 2018. A conference call with management is scheduled for 10 a.m. CDT on Wednesday, April 25. Participants may access the call using the following phone numbers: U.S. and Canada 312-3049 [...]
ST. LOUIS, March 29, 2018 /PRNewswire/ -- Peabody announced today that it has launched a process to accommodate a repricing of the company's Senior Secured Term Loan to provide additional financial and operational flexibility, extend the maturity profile and reduce its cash interest expense. There can be no assurance that Peabody will be successful [...]
Continued 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 [...]
ST. LOUIS, Feb. 7, 2018 /PRNewswire/ -- Peabody announced today that its board of directors has declared a quarterly dividend of $0.115 per share on the company's common stock, payable on March 5, 2018 to shareholders of record on Feb. 19, 2018. "Peabody is pleased to initiate a quarterly dividend program as an important next step in the company's [...]
ST. LOUIS, Jan. 31, 2018 /PRNewswire/ -- Peabody today announced that, as a result of the company's strong share price performance in recent months, all outstanding shares of its Series A Convertible Preferred Stock, par value $0.01 per share , were automatically converted into shares of common stock, par value $0.01 per share, of the company [...]
ST. LOUIS, Jan. 10, 2018 /PRNewswire/ -- On Wednesday, Feb. 7, 2018, Peabody will announce results for the quarter and year ended Dec. 31, 2017. A conference call with management is scheduled for 10 a.m. CST on Wednesday, Feb. 7. Participants may access the call using the following phone numbers: U.S. and Canada 312-3049 Australia [...]
ST. LOUIS, Dec. 5, 2017 /PRNewswire/ -- Peabody today recognized innovation in clean coal technologies among leading examples of coal-fueled generating plants from the United States, China, Japan and India with their Fourth Annual Peabody Global Clean Coal Leadership Awards. Presented at Power-Gen International 2017 in Las Vegas, the awards [...]
ST. LOUIS, Nov. 27, 2017 /PRNewswire/ -- Peabody President and Chief Executive Officer Glenn Kellow today announced that Paul Richard has been named Senior Vice President and Chief Human Resources Officer. "Paul is a skilled executive who brings a wealth of experience leading global human resources teams," said Kellow. "He will have executive [...]
