NYSE:NUEMetals and Mining
How Nucor’s New US$4 Billion Buyback And Leadership Shift At NUE Has Changed Its Investment Story
Nucor Corporation’s board recently declared a regular quarterly cash dividend of US$0.56 per share, its 212th consecutive payout, and authorized a new US$4.00 billion share repurchase program after completing the prior US$3.69 billion buyback.
The company also reshaped its senior leadership team by appointing John L. “Jack” Sullivan as Chief Financial Officer, Treasurer and Executive Vice President, following Steve Laxton’s earlier move to President and Chief Operating Officer.
We’ll now...