Ryerson Holding Corp
For the period ended Apr 30, 2024. Filed Apr 30, 2024.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Apr 30, 2024 · Filed Apr 30, 2024
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Contents
EX-99.1 · Shareholder Return Activity
Shareholder Return Activity
Dividends. On April 30, 2024, the Board of Directors declared a quarterly cash dividend of $0.1875 per share of common stock, payable on June 20, 2024, to stockholders of record as of June 6, 2024, unchanged from the prior quarter. During the first quarter of 2024, Ryerson paid a quarterly dividend in the amount of $0.1875 per share, amounting to a cash return of approximately $6.4 million.
Share Repurchase. Ryerson repurchased 30,120 shares for $1.0 million in the open market during the first quarter of 2024. Ryerson made these repurchases in accordance with its share repurchase authorization, which allows the Company to acquire up to an aggregate amount of $100.0 million of the Company’s common stock through April of 2025. As of March 31, 2024, $38.4 million of the $100.0 million remained under the existing authorization.
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