NYSE:TXMetals and Mining
The Bull Case For Ternium (TX) Could Change Following Dividend Cut To Bolster Balance Sheet
Ternium S.A. previously announced that its Board of Directors cut the proposed dividend for fiscal 2025 to US$2.20 per ADS (US$0.22 per share), or US$432 million, down from US$2.70 per ADS, while maintaining guidance for sequential adjusted EBITDA improvement into the first and second quarters of 2026.
The Board’s move to retain more cash and reinforce the balance sheet, citing uncertainty around the Middle East conflict’s global economic impact, highlights management’s preference for...