---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-125064"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2026-11-10T19:12:26+00:00"
generated_at: "2026-11-10T19:13:07.907461+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-125064
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2026-11-10T19:12:26+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465926125064/0001104659-26-125064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465926125064/tm2629447d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-125064
- JSON: https://secwatch.observer/filing/0001104659-26-125064.json
- Plain text: https://secwatch.observer/filing/0001104659-26-125064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.