Worthington Steel, INC

Worthington Steel has commenced a public delisting tender offer for remaining shares of Kloeckner & Co SE, offering EUR 11.00 per share.

Worthington Steel has amended its fourth quarter fiscal 2026 financial results, reporting an operating loss and net loss due to significant impairment charges and acquisition-related expenses.

Worthington Steel reported a fourth-quarter net loss of $48.7 million, driven by significant impairment charges and acquisition-related costs, while completing its major Kloeckner takeover.

Worthington Steel has finalized its acquisition of Kloeckner & Co SE, securing approximately 62% of shares and planning a subsequent delisting tender offer.

Worthington Steel has priced a $700 million senior secured notes offering to fund its acquisition of Klöckner & Co SE, with the deal expected to close on June 3, 2026.

Worthington Steel announced the final regulatory approval for its acquisition of Klöckner & Co SE, with closing expected on June 3, 2026.

Worthington Steel reports increased net sales and adjusted EBIT for Q3 FY2026, driven by higher direct volumes and prices, while advancing its significant acquisition of Kloeckner.

Worthington Steel, Inc. announced significantly improved financial results for the second quarter and first six months of fiscal 2026, driven by higher direct volumes, favorable inventory changes, and the strategic acquisition of Sitem Group.

Worthington Steel, Inc. reported increased net earnings and sales for the first quarter of fiscal 2026, driven by the Sitem Group acquisition and higher direct volumes, despite a decline in overall tonnage.

Worthington Steel's Q3 fiscal 2025 results were affected by decreased volumes and unfavorable direct spreads, leading to a decline in net sales and profitability compared to the prior year.

Worthington Steel's Q2 fiscal 2025 net sales decreased due to lower volumes and prices, but operating income improved due to favorable direct spreads.

Worthington Steel's first quarter earnings declined due to lower sales volumes and pricing, along with inventory holding losses.

Worthington Steel, Inc. filed its Form 10-K for the fiscal year ended May 31, 2026, detailing operational performance, significant acquisitions, and financial health.

Worthington Steel, Inc. reported a significant decrease in net sales and net earnings for fiscal year 2025, primarily driven by lower direct selling prices and reduced volumes, while continuing strategic global expansion and investments in electrical steel.

Worthington Steel, now a standalone public company, released its fiscal year 2024 results, highlighting its performance post-separation from Worthington Enterprises.

Geoffrey G. Gilmore, President and CEO of Worthington Steel, Inc., reported transactions involving company common shares, including the vesting of performance awards and tax withholdings.

John B. Blystone, Executive Chairman of Worthington Steel, Inc., reported transactions involving common shares, including the vesting of a performance award and tax withholding.

Clifford Larivey, President of Flat Rolled Steel Processing at Worthington Steel, Inc., reported significant stock transactions including the acquisition of performance shares and the withholding of shares for tax purposes.

Timothy A. Adams, Chief Financial Officer of Worthington Steel, Inc., reported transactions involving common shares, including the vesting of a performance award and subsequent tax withholding.

Worthington Steel's Chief Operating Officer, Jeffrey R. Klingler, reported transactions involving common shares, including the vesting of performance awards and tax withholdings.

Geoffrey Gilmore, President and CEO of Worthington Steel, Inc., reported a transaction involving the withholding of shares for tax obligations.

Worthington Steel, Inc. announced its 2025 Annual Meeting of Shareholders to be held on September 24, 2025, where shareholders will vote on director elections, executive compensation, and auditor ratification.

Worthington Steel, Inc. announces its 2025 Annual Meeting of Shareholders to be held virtually on September 24, 2025, focusing on director elections, executive compensation, and auditor ratification.

Worthington Steel, Inc. will hold its annual shareholder meeting on September 25, 2024, to vote on director elections, executive compensation, and the selection of an independent accounting firm.

Worthington Steel announces its 2024 Annual Meeting of Shareholders to be held virtually on September 25, 2024, featuring director elections, executive compensation votes, and auditor ratification.

Dimensional Fund Advisors LP has disclosed a beneficial ownership of 5.1% in Worthington Steel Inc., holding 2,566,114 shares.

The Vanguard Group has reported a 0% beneficial ownership in Worthington Steel Inc. common stock following an internal realignment.

BlackRock, Inc. has filed an amended Schedule 13G, reporting beneficial ownership of 11.6% of Worthington Steel, Inc.'s common stock as of March 31, 2025.

The Vanguard Group has filed an amended Schedule 13G, reporting a passive beneficial ownership of 8.79% in Worthington Steel Inc. as of December 31, 2024.