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United States Steel Corporation Buyback

OLI recorded this information on 11/1/2018

Company: United States Steel Corporation
Buyback: X buyback
$Amount Authorized: $300,000,000
Buyback Details: United States Steel Corporation (NYSE: X) announced today enhancements to its capital allocation strategy, which include a $300 million share repurchase authorization and redemption of all of its outstanding 2020 Senior Notes.

United States Steel produces and sells steel products, including flat-rolled and tubular products, in North America and Europe. Co.'s segments are: North American Flat-Rolled, which is involved in the production of slabs, strip mill plates, sheets and tin mill products, as well as all iron ore and coke production facilities in the U.S.; Mini Mill, which produces hot-rolled, cold-rolled and coated sheets and electrical steels; U. S. Steel Europe, which produces and sells slabs, strip mill plate, sheet, tin mill products and spiral welded pipe; and Tubular Products, which produces and sells electric resistance welded steel casing and tubing, and standard and line pipe and mechanical tubing.

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Company Name:  United States Steel Corp.
Stock buyback:  X buyback
Website:  www.ussteel.com
Sector:  Non-Precious Metals & Non-Metallic Mining
Number of ETFs Holding X:  67
Total Market Value Held by ETFs:  $1.46B
Total Market Capitalization:  $8.76B
% of Market Cap. Held by ETFs:  16.69%
 

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April 20, 2024    7:20 AM Eastern
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Hold (1.91 out of 4)
100th percentile
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