Sept 13 (Reuters) - Arch Coal Inc -
* Arch Coal, Inc. announces stock repurchase agreement with Monarch Alternative Capital
* Has agreed to repurchase from Monarch 750,000 shares of Arch’s common stock at a purchase price of $74.33 per share
* Intends to fund repurchase with cash on hand
* Aggregate consideration of approximately $55.7 million
* Says following closing of transaction, Monarch will own approximately 2.6 million shares of Arch’s common stock Source text for Eikon: Further company coverage:
