Steel Dynamics announced an added $3.0 billion permission to buy back shares and a fourth-quarter cash dividend. These give it more ways to return cash to owners, though the filing does not give the dividend amount or say shares have been bought.
The added permission gives Steel Dynamics a way to return more cash, and the dividend adds a direct payment to owners. The filing does not say how much it will spend or give the dividend amount, so the size of the benefit is unknown.
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