Commercial Metals (CMC) Tops Q4 EPS by 11c
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Commercial Metals (CMC) Announces $350M Share Buyback; Increases Quarterly Dividend to $0.14
October 13, 2021 8:50 AM EDTCommercial Metals Company (NYSE: CMC) today announced that its Board of Directors has authorized a common stock repurchase program of up to $350 million. This program will cancel and replace the Company's existing plan, which had $27 million remaining under its authorization as of August 31, 2021.
CMC's Board of Directors also declared a regular quarterly cash dividend of $0.14 per share of CMC common stock, an increase of $0.02, or 17%, per CMC common... More
