{"url_path":"/sec/arlp/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 ****UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1086600/0001104659-26-057964-index.html","accession_number":"0001104659-26-057964","cik":"0001086600","ticker":"ARLP","issuer_name":"ALLIANCE RESOURCE PARTNERS LP","edgar_url":"https://www.sec.gov/Archives/edgar/data/1086600/0001104659-26-057964-index.html","primary_entity_key":"0001086600","primary_entity_name":"ALLIANCE RESOURCE PARTNERS LP"},"word_count":240,"has_tables":true,"body_markdown":"**ITEM 2.****UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**\n\n​\n\nOn May 31, 2018, ARLP announced that the Board of Directors approved the establishment of a unit repurchase program authorizing ARLP to repurchase up to $100.0 million of its outstanding limited partner common units.  In January 2023, the board of directors authorized a $93.5 million increase to the unit repurchase program, which had $6.5 million of available capacity at that time. As a result, we were authorized to repurchase up to a total of $100.0 million of ARLP common units from that date. The unit repurchase program is intended to enhance ARLP’s ability to achieve its goal of creating long-term value for its unitholders and provides another means, along with quarterly cash distributions, of returning cash to unitholders. The program has no time limit and ARLP may repurchase units from time to time in the open market or in other privately negotiated transactions. The unit repurchase program authorization does not obligate ARLP to repurchase any dollar amount or number of units and repurchases may be commenced or suspended from time to time without prior notice.\n\n​\n\nDuring the three months ended March 31, 2026, we did not repurchase and retire any units pursuant to the unit repurchase program. Since the inception of the unit repurchase program, we have repurchased and retired 6,390,446 units at an average unit price of $17.67 for an aggregate purchase price of $112.9 million.\n\n​"}