Share Repurchase Plan Approved by Steel Dynamics (NASDAQ:STLD)

STLD Boosts Shareholder Returns With $3B Buyback Authorization

Steel Dynamics authorizes a fresh $3B share buyback, reinforcing its commitment to shareholder returns while balancing strategic growth and financial flexibility.

Share Repurchase Plan Approved by Steel Dynamics (NASDAQ:STLD)

Steel Dynamics (NASDAQ:STLD - Get Free Report) declared that its board has authorized a share repurchase plan on Monday, November 9th, RTT News reports. The company plans to buy back $3 billion in shares. This repurchase authorization permits the basic materials company to buy up to 8.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its stock is underva…

Steel Dynamics Adds $3 Billion to Share Repurchase Authorization

The authorization took effect immediately. The board also declared a $0.53 fourth-quarter dividend payable in January.

Steel Dynamics, Inc. (NASDAQ:STLD) Plans Quarterly Dividend of $0.53

Steel Dynamics, Inc. (NASDAQ:STLD – Get Free Report) announced a quarterly dividend on Monday, November 9th. Shareholders of record on Thursday, December 31st will be paid a dividend of $0.53 per share by the basic materials company on Friday, January 8th. This represents a $2.12 annualized dividend and a yield of 0.9%. The ex-dividend date […]

Nov. 9: SDI announces 4Q cash dividend, share buyback

FORT WAYNE — Steel Dynamics, Inc. on Nov. 9 announced dividends and that the company’s board of directors authorized an additional share repurchase program of $3.0 billion of the company’s common stock. The authorization is effective immediately and is in…