Form 8-K · Current Report · Filed 2024-05-14
Steel Dynamics Announces Second Quarter 2024 Cash Dividend and Shareholder Approvals
Steel Dynamics, Inc. held its Annual Meeting of Shareholders on May 9, 2024, where shareholders approved the 2024 Employee Stock Purchase Plan and elected all ten director nominees. Additionally, the Board declared a second quarter 2024 cash dividend of $0.46 per common share, payable on July 12, 2024. The meeting also ratified the appointment of Ernst & Young LLP as the Company's auditors for the year ending December 31, 2024, and approved named executive officer compensation for 2023 by an advisory vote.
- Filer
- Steel Dynamics Inc. STLD · NASDAQ
- Filed
- Accession
- 0001104659-24-060930
- CIK
- 0001022671
- Signal
- Medium impactBasic Materials
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Submission of Matters to a Vote of Security Holders
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$134.85
Next session
+1.5%
Since filing
+86.3%
Latest close
$251.26
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from STLD reporting the same item, with the next session's move:
Exhibits (1)
About Steel Dynamics Inc.
Steel Dynamics Inc. is a leading American steel producer that plays a crucial role in the manufacturing and construction industries. Known for its vertically integrated business model, the company operates through a network of steel mills, production facilities, and supply chains that enhance efficiency and cost-effectiveness. Steel Dynamics Inc. specializes in flat-rolled steel products, long products, and various other related metals catering to industries such as automotive, construction, and industrial manufacturing. Founded in 1993 and headquartered in Fort Wayne, Indiana, Steel Dynamics has established itself as a significant player in the steel production sector through innovation and sustainability efforts, such as recycling and minimizing waste. The company significantly impacts the construction and infrastructure industries by providing essential materials for roads, bridges, and buildings. Its role extends to impacting global trade and market dynamics, particularly within the North American steel industry. Steel Dynamics Inc. continues to evolve its technological capabilities and product offerings, solidifying its importance in the global steel market as a reliable source of high-quality steel products.
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