Thomist Capital Proposes Strategic Initiatives to Boost Shareholder Value at Peabody Energy Corporation (BTU)

Key Summary: On August 20, 2024, Thomist Capital (9.96%) proposed strategies to enhance shareholder value, including a share buyback using $1.45B in cash, unlocking value in the Powder River Basin asset, and selling a stake in Centurion.

Market Cap: $2.8 billion | Peabody Energy Corporation engages in coal mining business in the United States, Japan, Tai…