---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-053987"
form_type: "8-K"
ticker: "RYZ"
cik: "0001481582"
company_name: "Ryerson Holding Corp"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T21:50:34.579459+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ryerson closes secondary offering and repurchases 1.5M shares for ~$53M

## Summary
- Underwritten secondary offering of 2,486,580 shares; sells no new shares and receives no proceeds.
- Concurrent share repurchase of 1,513,420 shares from Platinum affiliate for ~$53M, funded with cash.
- CFO notes increased float, >$120M returned to shareholders in past year including 70% dividend hike.
- Company had retired $300M high-yield debt prior to this transaction.

## SEC filing metadata
- accession: 0001193125-23-053987
- form_type: 8-K
- ticker: RYZ
- cik: 0001481582
- company_name: Ryerson Holding Corp
- filed_at: 2023-02-28T23:59:59+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/1481582/000119312523053987/0001193125-23-053987-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1481582/000119312523053987/d452419d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-053987
- JSON: https://secwatch.observer/filing/0001193125-23-053987.json
- Plain text: https://secwatch.observer/filing/0001193125-23-053987.txt

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