News Column

SunCoke Energy, Inc. Board of Directors Authorizes $150 Million Share Repurchase Program

August 8, 2014

By a News Reporter-Staff News Editor at Energy Weekly News -- On July 23, 2014, SunCoke Energy, Inc.'s (NYSE: SXC) Board of Directors authorized a new $150 million share repurchase program. Under this program, purchases may be made from time to time in the open market or in privately negotiated transactions.

As part of the new $150 million program, we plan to enter into an accelerated share repurchase agreement for the buyback of $75 million of shares of common stock through November 2014. The final number of shares repurchased will be based on the volume-weighted average share price of our common stock during the term of the agreement.

Keywords for this news article include: SunCoke Energy Inc.

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Source: Energy Weekly News

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