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© Reuters. File photo shows an Alcoa aluminum plant in Alcoa, Tennessee© Reuters. File photo shows an Alcoa aluminum plant in Alcoa, Tennessee

By Sanjana Shivdas

(Reuters) - Top U.S. aluminum producer Alcoa Corp (N:) reported a better-than-expected quarterly profit on Wednesday, as a series of supply hits boosted alumina prices.

Shares of the company rose almost 5 percent to $38.49 in after-hours trading, also helped by the announcement of a $200 million share repurchase program.

Alumina prices spiked during the...

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