TimkenSteel board authorizes $50M share repurchase; director Dunlap resigns

Metallus Inc.

Board authorized up to $50M repurchase of common shares; methods include open market and 10b5-1 plans.
Terry L. Dunlap resigns from board effective Dec 31, 2021 for personal reasons; no disagreement with company.
Repurchase program does not obligate any specific dollar amount; may be modified or terminated without notice.

item 5.02 item 8.01

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Departed

Terry L. Dunlap

director

MTUS · Metallus Inc.

Effective: 2021-12-31
Filed: December 20, 2021, 6:59 PM ET

On December 17, 2021, Terry L. Dunlap notified the Board of Directors (the “Board”) of TimkenSteel Corporation (the “Company”) of his intention to resign as a director effective December 31, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Terry L. Dunlap resigned as director at Metallus Inc..

Action: resigned
Role: director

Exact text from the filing

On December 17, 2021, Terry L. Dunlap notified the Board of Directors (the “Board”) of TimkenSteel Corporation (the “Company”) of his intention to resign as a director effective December 31, 2021.

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Metallus Inc. filing history →

Source: SEC EDGAR

accession 0000950170-21-005283

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