Recent Insider Transactions • May 07
Insider recently sold €2.0m worth of stock On the 4th of May, Allen Behr sold around 10k shares on-market at roughly €193 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €22m more than they bought in the last 12 months. Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: US$3.25 (vs US$0.67 in 1Q 2025) First quarter 2026 results: EPS: US$3.25 (up from US$0.67 in 1Q 2025). Revenue: US$9.50b (up 21% from 1Q 2025). Net income: US$743.0m (up 376% from 1Q 2025). Profit margin: 7.8% (up from 2.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Metals and Mining industry in Europe. Board Change • Apr 24
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Nick Gangestad was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 30
Nucor Corporation, Annual General Meeting, May 14, 2026 Nucor Corporation, Annual General Meeting, May 14, 2026. Recent Insider Transactions • Mar 26
Chairman of the Board & CEO recently sold €1.6m worth of stock On the 23rd of March, Leon Topalian sold around 12k shares on-market at roughly €140 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Leon has been a net seller over the last 12 months, reducing personal holdings by €9.7m. Declared Dividend • Mar 25
Dividend of US$0.56 announced Shareholders will receive a dividend of US$0.56. Ex-date: 30th March 2026 Payment date: 11th May 2026 Dividend yield will be 1.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 03
Nucor Corporation Announces Retirement of Daniel R. Needham as Executive Vice President of Commercial, Effective June 20, 2026 Nucor Corporation announced that Daniel R. Needham, Executive Vice President of Commercial, plans to retire effective June 20, 2026. Mr. Needham joined Nucor in 2000 as Controller at Nucor Steel Hertford County and subsequently served as Controller of Nucor Steel Decatur, LLC and Nucor Steel Utah. He later served as General Manager of Nucor Steel Connecticut Inc., Nucor Steel Utah and Nucor Steel Indiana. He was promoted to Vice President in 2016 and to Executive Vice President in 2021. Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: US$7.53 (vs US$8.47 in FY 2024) Full year 2025 results: EPS: US$7.53 (down from US$8.47 in FY 2024). Revenue: US$32.5b (up 5.7% from FY 2024). Net income: US$1.74b (down 14% from FY 2024). Profit margin: 5.3% (down from 6.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Metals and Mining industry in Europe. Duyuru • Feb 21
Nucor Corporation Announces Executive Changes Nucor Corporation announced that John L. "Jack" Sullivan, Vice President, Treasurer and General Manager of Investor Relations, will be promoted to Chief Financial Officer, Treasurer and Executive Vice President effective March 1, 2026. He will succeed Steve Laxton, who was promoted to President and Chief Operating Officer effective January 1, 2026. Mr. Sullivan, age 52, began his career with Nucor in 2022 as General Manager of Investor Relations and was promoted to his current role in 2025. Mr. Sullivan previously worked for Duke Energy for 13 years, holding positions of increasing responsibility across treasury, corporate development and investor relations. Prior to joining Duke Energy, he spent nine years in corporate and investment banking at Bank of America. He holds a Bachelor of Arts degree from the University of North Carolina at Chapel Hill and a Master of Business Administration from Wake Forest University. Steve Laxton was promoted to President and Chief Operating Officer effective January 1, 2026. Recent Insider Transactions • Feb 15
Executive Vice President of Strategy recently sold €1.2m worth of stock On the 11th of February, K. Query sold around 7k shares on-market at roughly €165 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €19m more than they bought in the last 12 months. Reported Earnings • Jan 27
Full year 2025 earnings released: EPS: US$7.56 (vs US$8.47 in FY 2024) Full year 2025 results: EPS: US$7.56 (down from US$8.47 in FY 2024). Revenue: US$32.5b (up 5.7% from FY 2024). Net income: US$1.74b (down 14% from FY 2024). Profit margin: 5.4% (down from 6.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Metals and Mining industry in Europe. Duyuru • Jan 27
Nucor Corporation Provides Earnings Guidance for the First Quarter of 2026 Nucor Corporation provided earnings guidance for the first quarter of 2026. For the quarter, the company expects earnings to increase. Earnings are expected to increase across all three of the operating segments, with the largest increase in the steel mills segment. In the steel mills segment, the expected increase is due to higher volumes and higher realized prices across all major product categories. In the steel products segment, The company expects improved earnings in the first quarter due to increased volumes on stable pricing. The raw materials segment is expected to have increased earnings in the first quarter of 2026. Upcoming Dividend • Dec 23
Upcoming dividend of US$0.56 per share Eligible shareholders must have bought the stock before 30 December 2025. Payment date: 11 February 2026. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Italian dividend payers (4.8%). Lower than average of industry peers (2.6%). Duyuru • Dec 17
Nucor Corporation to Report Q4, 2025 Results on Jan 26, 2026 Nucor Corporation announced that they will report Q4, 2025 results After-Market on Jan 26, 2026 New Risk • Dec 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Profit margins are more than 30% lower than last year (5.2% net profit margin). Significant insider selling over the past 3 months (€2.4m sold). Declared Dividend • Dec 04
Dividend of US$0.56 announced Shareholders will receive a dividend of US$0.56. Ex-date: 30th December 2025 Payment date: 11th February 2026 Dividend yield will be 1.1%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Dec 02
Nucor Corporation Announces Increase Quarterly Cash Dividend, Payable on February 11, 2026 The Board of Directors of Nucor Corporation announced the increase of its regular quarterly cash dividend on Nucor's common stock to $0.56 per share. This cash dividend is payable on February 11, 2026 to stockholders of record on December 31, 2025. Recent Insider Transactions • Nov 21
Insider recently sold €905k worth of stock On the 12th of November, John Hollatz sold around 7k shares on-market at roughly €129 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.2m. Insiders have been net sellers, collectively disposing of €16m more than they bought in the last 12 months. Recent Insider Transactions • Nov 04
Insider recently sold €1.2m worth of stock On the 30th of October, Allen Behr sold around 9k shares on-market at roughly €131 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.2m. Insiders have been net sellers, collectively disposing of €18m more than they bought in the last 12 months. Duyuru • Oct 29
Nucor Corporation Provides Consolidated Earnings Guidance for the Fourth Quarter of 2025 Nucor Corporation provided consolidated earnings guidance for the fourth quarter of 2025. The company expects consolidated earnings to be lower than the third quarter. They expect lower total volumes across all operating segments due to a combination of factors, including seasonal effects, Nucor's fiscal quarter continuing five less shipping days and two scheduled outages at DRI facilities during the fourth quarter. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: US$2.64 (vs US$1.05 in 3Q 2024) Third quarter 2025 results: EPS: US$2.64 (up from US$1.05 in 3Q 2024). Revenue: US$8.52b (up 14% from 3Q 2024). Net income: US$607.0m (up 144% from 3Q 2024). Profit margin: 7.1% (up from 3.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Europe. Duyuru • Oct 28
Nucor Corporation Declares Cash Dividend, Payable on November 10, 2025 On September 4, 2025, Nucor's Board of Directors declared a cash dividend of $0.55 per share. This cash dividend is payable on November 10, 2025, to stockholders of record as of September 30, 2025 and is Nucor's 210 consecutive quarterly cash dividend. New Risk • Oct 16
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.2% net profit margin). Significant insider selling over the past 3 months (€7.7m sold). Board Change • Oct 09
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Nick Gangestad was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Nick Gangestad was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Sep 05
Nucor Corporation Declares Regular Quarterly Cash Dividend, Payable on November 10, 2025 The Board of Directors of Nucor Corporation declared the regular quarterly cash dividend of $0.55 per share on Nucor's common stock. This cash dividend is payable on November 10, 2025 to stockholders of record on September 30, 2025 and is Nucor's 210 consecutive quarterly cash dividend. Recent Insider Transactions • Aug 21
Executive Vice President of Strategy recently sold €1.2m worth of stock On the 18th of August, K. Query sold around 10k shares on-market at roughly €124 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.7m. Insiders have been net sellers, collectively disposing of €17m more than they bought in the last 12 months. Recent Insider Transactions • Aug 06
President recently sold €3.7m worth of stock On the 31st of July, Leon Topalian sold around 30k shares on-market at roughly €125 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Leon has been a net seller over the last 12 months, reducing personal holdings by €9.1m. Reported Earnings • Jul 29
Second quarter 2025 earnings released: EPS: US$2.62 (vs US$2.68 in 2Q 2024) Second quarter 2025 results: EPS: US$2.62 (down from US$2.68 in 2Q 2024). Revenue: US$8.46b (up 4.7% from 2Q 2024). Net income: US$603.0m (down 6.1% from 2Q 2024). Profit margin: 7.1% (down from 8.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Duyuru • Jul 29
Nucor Corporation Provides Earnings Guidance for the Third Quarter 2025 Nucor Corporation provided earnings guidance for the third quarter 2025. For the quarter, company expected earnings to be nominally lower than the second quarter of 2025, due to decreased earnings in the steel mills segment and similar earnings in the steel products and raw materials segments. In the steel mills segment, despite resilient backlogs and a stable demand outlook, we expect margin compression in the third quarter of 2025 as compared to the second quarter of 2025. Duyuru • Jun 10
Nucor Corporation Declares Quarterly Cash Dividend, Payable on August 11, 2025 The Board of Directors of Nucor Corporation declared the regular quarterly cash dividend of $0.55 per share on Nucor's common stock. This cash dividend is payable on August 11, 2025 to stockholders of record on June 30, 2025 and is Nucor's 209 consecutive quarterly cash dividend. 
