Peabody Energy Shareholders Back 2026 Plan as CEO Touts Centurion Milestone

Market Beat
2026.05.10 11:05
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Peabody Energy shareholders approved all proposals at the 2026 annual meeting, including director elections and the 2026 incentive plan. CEO Jim Grech highlighted 2025's performance, with $3.9 billion in revenue and improved safety records. The start of longwall production at the Centurion Mine was noted as a significant milestone, expected to enhance Peabody's metallurgical coal platform. The company aims to operate safely and efficiently while focusing on its thermal coal portfolio amid supportive market conditions.