Steel Dynamics, Inc. (NASDAQ:STLD) today announced that the company’s board of directors authorized an additional share repurchase program of up to $1.0 billion of the company’s common stock. The authorization is effective immediately and is additive to the previous $500 million program, which had $51 million remaining authorized and available for repurchase at June 30, 2021. Since 2016, the company has repurchased $1.6 billion of its common stock, representing 19% of its outstanding shares, and has paid cash dividends of over $950 million through June 30, 2021.
McCormick & Co Q1 Adj. EPS $0.63 Beats $0.62 Estimate, Sales $1.52B Beat $1.47B Estimate
McCormick & Co (NYSE:MKC) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.62 by 1.61 percent. This is a 12.5 percent decrease over earnings of $0.72 per share from the same