CNR Core Natural Resources, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q3 2025: $0M, Q2 2025: $13M, Q1 2025: $58M, Q3 2024: $137M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $0M vs trailing avg $69M (-100%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-79M), cannot compute buyback ratio

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 6,884 shares = 0.0% of 29,407,830 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

1 open-market purchase by Lang Paul A

• Lang Paul A (Chief Executive Officer) bought 7,500 shares at $66.95 on 2025-05-09

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $1M, sold $3M (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 5.2x more than bought. 1 C-suite officers among sellers

• Rothka John (Chief Accounting Officer) sold 3,800 shares on 2026-03-10
• Rothka John (Chief Accounting Officer) sold 1,000 shares on 2025-10-08
• Rothka John (Chief Accounting Officer) sold 1,000 shares on 2025-10-09
• Rothka John (Chief Accounting Officer) sold 2,500 shares on 2025-10-03