What changed
Steel Dynamics authorized an additional $3.0 billion share repurchase program, additive to the previous $1.5 billion program that had $216 million remaining available on September 30, 2026. Since 2017 the company has repurchased $8.2 billion of common stock, representing 45 percent of outstanding shares, and paid $2.2 billion in cash dividends through September 30, 2026. The board also declared a quarterly cash dividend of $0.53 per common share, payable January 8, 2027 to shareholders of record December 31, 2026.
Why it matters
Steel Dynamics authorized an additional $3.0 billion share repurchase program, additive to the previous $1.5 billion program that had $216 million remaining available on September 30, 2026. Since 2017
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Nov 10, 2026 09:23 PM ET