Arch Resources announces retirement of 315,721 shares

Arch Resources announced that it had retired 315,721 of its outstanding shares via the unwinding of capped calls associated with its now-retired convertible senior notes. With the completion of the cashless transaction, Arch‘s diluted share count declined from 18.9M shares to 18.6M shares outstanding. These transactions will not result in any changes to Arch’s financial position or any impact on its first quarter financial results.