Steel Dynamics, Inc. filed a current report on November 10, 2026, disclosing a press release issued on November 9, 2026, that announced an additional $3.0 billion share repurchase authorization and a fourth quarter 2026 cash dividend.

Key Highlights

  • New buyback program: Steel Dynamics announced an additional $3.0 billion share repurchase authorization, according to the filing.
  • Dividend declared: The company announced a fourth quarter 2026 cash dividend, as described in the attached press release.
  • Event date: The press release was issued on November 9, 2026, with the report filed on November 10, 2026.
  • Signing officer: The report was signed by Theresa E. Wagler, Executive Vice President and Chief Financial Officer.
  • Exchange listing: Steel Dynamics common stock trades on NASDAQ:STLD with a par value of $0.0025 per share.

Steel Dynamics Discloses Capital Return Actions for Late 2026

Steel Dynamics, Inc., an Indiana-incorporated steel producer headquartered at 7575 West Jefferson Blvd, Fort Wayne, Indiana, reported on November 10, 2026, that it had issued a press release the prior day announcing two distinct capital return actions. The filing, submitted under Item 8.01 (Other Events), references a press release titled "Steel Dynamics Announces Additional $3.0 Billion Share Repurchase Authorization and Fourth Quarter 2026 Cash Dividend," which is attached as Exhibit 99.1 and incorporated by reference into the report.

According to the filing, the press release covers an additional $3.0 billion share repurchase authorization alongside a declared cash dividend for the fourth quarter of 2026. The filing does not specify the per-share dividend amount or the terms governing the repurchase program within the body of the current report itself; those details are contained in Exhibit 99.1. The report was duly signed by Theresa E. Wagler in her capacity as Executive Vice President and Chief Financial Officer, and Steel Dynamics confirmed it is not an emerging growth company under applicable Securities Act and Exchange Act definitions.

What Was Disclosed

Steel Dynamics filed a current report on November 10, 2026, disclosing a November 9, 2026 press release that announced an additional $3.0 billion share repurchase authorization and a fourth quarter 2026 cash dividend. The press release is incorporated by reference as Exhibit 99.1.