Ryerson Inc. (RYI) Tops Q2 EPS by 73c
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Ryerson Reports Second Quarter 2022 Results
August 3, 2022 5:03 PM EDTQuarterly results include record Earnings Per Share and a sequential reduction in debt. Capital structure milestones achieved through the retirement of all remaining high-yield debt, completion of the $50 million share repurchase authorization, and an extension and increase of the revolving credit facility. Subsequent to quarter-end, Ryerson increased its dividend and approved a $75 million share repurchase authorization. Ryerson continues to invest in value-added services, as well as new plants, equipment and digital systems across our intelligent service center network to enhance the customer experience.
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