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.
You Ask, We Analyze: Why Snap And Unity Software Look Headed For Higher Ground
On Wednesday evening, Benzinga asked its Benzinga Pro community which tickers they’d like analyzed. From the replies, Benzinga selected these two tickers for technical analysis.
