9 unchanged sentences
The Repurchase Program does not have an expiration date and may be discontinued at any time.
−Removed: Through June 30, 2022, the Company has repurchased 41.5 million shares of its common stock for $1,340.3 million, which included commissions paid of $0.8 million, leaving $160.5 million available for share repurchase under the Repurchase Program.
+Added: Through September 30, 2022, the Company has repurchased 41.5 million shares of its common stock for $1,340.3 million, which included commissions paid of $0.8 million, leaving $160.5 million available for share repurchase under the Repurchase Program.
The Company suspended share repurchases in 2019, and similar to the payment of dividends as described above, the same agreement with its surety bond providers prohibits share repurchases through the earlier of December 31, 2025, or the maturity of the Credit Agreement (currently March 31, 2025) unless otherwise agreed to by the parties to the agreement.
6 unchanged sentences
The shares are offered and sold pursuant to the Company’s Registration Statement on Form S-3, which was declared effective by the Securities and Exchange Commission on April 23, 2021, as supplemented by prospectus supplements dated June 4, 2021, September 17, 2021, and December 17, 2021 relating to the offer and sale of the shares.
−Removed: Through June 30, 2022, the Company has sold approximately 24.8 million shares for net cash proceeds of $269.8 million.
−Removed: No sales were made under this at-the-market equity offering program during the six months ended June 30, 2022, leaving approximately 7.7 million shares available for sale.
+Added: Through September 30, 2022, the Company has sold approximately 24.8 million shares for net cash proceeds of $269.8 million.
+Added: No sales were made under this at-the-market equity offering program during the nine months ended September 30, 2022, leaving approximately 7.7 million shares available for sale.
On March 7, 2022, the Company entered into an at-the-market equity offering program pursuant to which the Company could offer and sell shares of its common stock having an aggregate gross sales price of up of $225 million.
The shares are offered and sold pursuant to the Company’s Registration Statement on Form S-3, which was declared effective by the Securities and Exchange Commission on April 23, 2021, as supplemented by a prospectus supplement dated March 7, 2022 relating to the offer and sale of the shares.
−Removed: During the six months ended June 30, 2022, the Company sold approximately 10.1 million shares for net proceeds of $222.0 million, thereby concluding this at-the-market equity offering program.
+Added: During the nine months ended September 30, 2022, the Company sold approximately 10.1 million shares for net proceeds of $222.0 million, thereby concluding this at-the-market equity offering program.
During 2021, the Company completed multiple bilateral transactions with holders of the 2022 Notes, the 2025 Notes and the 2024 Peabody Notes in which the Company issued an aggregate 10.0 million shares of its common stock in exchange for $37.3 million aggregate principal amount of the 2022 Notes, $47.2 million aggregate principal amount of the 2025 Notes and $21.6 million aggregate principal amount of the 2024 Peabody Notes.
−Removed: No such bilateral transactions were completed during the six months ended June 30, 2022.
+Added: No such bilateral transactions were completed during the nine months ended September 30, 2022.
The issuance of shares of common stock in exchange for the 2022 Notes, the 2025 Notes and the 2024 Peabody Notes was made in reliance on the exemption from registration provided in Section 3(a)(9) under the Securities Act of 1933, based in part on representations of holders of the 2022 Notes, the 2025 Notes and the 2024 Peabody Notes, and on the basis that the exchange was completed with existing holders of the Company's securities and no commission or other remuneration was paid or given for soliciting the exchange.
Purchases of Equity Securities
−Removed: The following table summarizes all share purchases for the three months ended June 30, 2022:
+Added: The following table summarizes all share purchases for the three months ended September 30, 2022:
Purchased (1)
10 unchanged sentences
(In millions)
−Removed: April 1 through April 30, 2022 — $ — — $ 160.5
−Removed: May 1 through May 31, 2022 — — — 160.5
−Removed: June 1 through June 30, 2022 27,446 25.20 — 160.5
+Added: July 1 through July 31, 2022 116 $ 21.04 — $ 160.5
+Added: August 1 through August 31, 2022 — — — 160.5
+Added: September 1 through September 30, 2022 — — — 160.5
Total 116 21.04 —
28 unchanged sentences
PEABODY ENERGY CORPORATION
−Removed: August 4, 2022 By:
+Added: November 3, 2022 By:
Executive Vice President and Chief Financial Officer
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.