Steel Dynamics adds $3.0B buyback authorization; declares $0.53 quarterly dividend

STEEL DYNAMICS INC

Board authorized an additional $3.0B share repurchase program, effective immediately, additive to the prior $1.5B program with $216M remaining at Sept. 30, 2026.
Declared Q4 2026 cash dividend of $0.53/share, payable Jan. 8, 2027 to holders of record Dec. 31, 2026.
Since 2017 Steel Dynamics has repurchased $8.2B of stock, or 45% of outstanding shares, and paid $2.2B in cash dividends through Sept. 30, 2026.
CEO Mark D. Millett said the actions reflect confidence in consistent free cash flow generation and funding growth while returning capital to shareholders.

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