Steel Dynamics Announces Additional $3B Buyback Plan, Effective Immediately

Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors authorized an additional share repurchase program of $3.0 billion of the company's common stock. The authorization is effective immediately and is additive to the previous $1.5 billion program, which had $216 million remaining authorized and available for repurchase on September 30, 2026.  Since 2017, the company has repurchased $8.2 billion of its common stock, representing 45 percent of its outstanding shares, and has paid cash dividends of $2.2 billion through September 30, 2026.