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Form 8-K · Current Report · Filed 2024-05-20

Cleveland-Cliffs Inc. Announces Election Results and Approvals at Annual Meeting

Cleveland-Cliffs Inc. held its Annual Meeting of Shareholders on May 16, 2024. The shareholders re-elected all board nominees, approved the company's executive compensation on an advisory basis, and ratified the appointment of Deloitte & Touche LLP as the independent auditor for 2024.

Filer
Cleveland-Cliffs Inc. CLF · NYSE
Filed
Accession
0000764065-24-000139
CIK
0000764065
Signal
Medium impactBasic Materials

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Equity Plan Approved Say-on-Pay Approved

Market reaction

Close before filing

$17.51

Next session

+0.0%

Since filing

-34.2%

Latest close

$11.52

What happened, not what will happen — closing prices around the filing date.

About Cleveland-Cliffs Inc.

Cleveland-Cliffs Inc. is a leading integrated producer of flat-rolled steel products in North America. The company operates through a robust supply chain that spans a wide range of steel manufacturing processes, including mining, pelletizing, and direct reduced iron production. As a major supplier of steel to various industries, Cleveland-Cliffs serves critical sectors such as automotive, construction, and manufacturing, providing essential materials used in the production of vehicles, appliances, and infrastructure projects. Founded in 1847, Cleveland-Cliffs has evolved from a small iron mining operation into a comprehensive steel powerhouse, reflecting its importance to the U.S. economy and robust industrial base. The firm's strategic acquisitions and production capabilities enhance its position in the market, allowing it to reduce reliance on third-party suppliers and maintain greater control over the quality of its steel products. Cleveland-Cliffs stands out in the financial market due to its significant impact on raw material supply chains and its role in supporting industrial growth and development across North America.

Exchange NYSE Industry Steel Company website ↗

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