Tranche Update on SunCoke Energy, Inc.'s Equity Buyback Plan announced on July 23, 2014.
January 29, 2020 at 11:34 pm IST
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From October 1, 2019 to December 31, 2019, the company has repurchased 4,239,050 shares, representing 4.79% for $22.96 million. With this, the company has completed the repurchase of 12,027,827 shares, representing 15.52% for $146.77 million under the buyback announced on July 23, 2014.
SunCoke Energy, Inc. is an independent producer of coke. The Companyâs segments include Domestic Coke, Brazil Coke, and Logistics. The Domestic Coke segment consists of coke making facilities and heat recovery operations at its Jewell, Indiana Harbor, Haverhill, Granite City and Middletown plants. The Brazil segment consists of coke making operations located in Vitoria, Brazil, where it operates the ArcelorMittal Brazil coke making facility for a Brazilian subsidiary of ArcelorMittal S.A. The Logistics segment consists of Convent Marine Terminal (CMT), Kanawha River Terminal (KRT) and SunCoke Lake Terminal (Lake Terminal). Its terminals act as intermediaries between its customers and end users by providing transloading and mixing services. CMT is located in Convent, Louisiana, with access to seaborne markets for coal and other industrial materials. The terminal provides loading and unloading services and has direct rail access.
SUNCOKE ENERGY, INC. 
