CMC boosts share repurchase authorization by $500M to $850M total

COMMERCIAL METALS Co

Board increased ongoing buyback program from $350M to $850M, adding $500M capacity.
Approximately $310M of stock repurchased under original program since October 2021.
Remaining $40M capacity before increase; new authorization provides substantial flexibility.
CEO cites strong earnings and cash flow as support for balanced capital allocation.

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