Worthington Steel, Inc.

Worthington Steel Issues Statement Ahead of Kloeckner & Co Extraordinary General Meeting

Worthington Steel confirmed the Kloeckner & Co extraordinary general meeting will proceed as planned on Oct. 23, 2026, in Düsseldorf, including the vote on the domination and profit and loss transfer agreement signed Sept. 8, 2026. If the DPLTA vote fails to reach the required 75% majority of capital represented, Worthington said it will not pursue another vote for at least one year. The statement is a deal-process update rather than new terms; the DPLTA also still requires commercial register registration before becoming effective.

•19d ago

Worthington Steel Declares Quarterly Dividend

Worthington Steel's board declared a quarterly dividend of $0.16 per common share, payable December 28, 2026, to shareholders of record at the close of business December 14, 2026. The company will host its fiscal 2027 first-quarter earnings conference call at 8:30 a.m. ET on Wednesday, October 7, 2026, with a live webcast and one-year archive available. The release notes a Domination and Profit and Loss Transfer Agreement with Kloeckner & Co signed September 8, 2026, still pending Kloeckner shareholder approval and commercial register registration; disclosed employee (~12,000) and facility (~150) counts reflect the expected combined organization.

•1mo ago

Worthington Steel to Webcast Discussion of First Quarter 2027 Results on October 7

Worthington Steel will report fiscal first quarter 2027 results after market close on Tuesday, October 6, 2026. Management will host a conference call to discuss the results at 8:30 a.m. ET on Wednesday, October 7, 2026, with a live webcast in the Investor Relations section of the company's website that will be archived for one year. This is a scheduling notice only and contains no financial results or guidance; Worthington Steel is a Columbus, Ohio-based metals processor with approximately 6,000 employees across 37 facilities in seven states and 10 countries.

•2mo ago

Worthington Steel Announces Start of Acceptance Period for Public Delisting Tender Offer for Kloeckner & Co SE

Worthington Steel opened the acceptance period for a public delisting tender offer to acquire the remaining outstanding shares of Kloeckner & Co SE that it does not already own. The offer price is set at EUR 11.00 per share, with the acceptance period running from July 15, 2026 to August 12, 2026; Worthington Steel currently holds approximately 62% of Kloeckner shares following a prior takeover. The delisting offer is not subject to any closing conditions or minimum acceptance threshold, and upon effectiveness, Kloeckner shares will be delisted from the regulated market in Germany.

•3mo ago

Worthington Steel Declares Quarterly Dividend

Worthington Steel's board of directors declared a quarterly dividend of $0.16 per common share. The dividend is payable on September 29, 2026, to shareholders of record at the close of business on September 15, 2026. The company also scheduled a conference call for June 25, 2026, to discuss its fiscal 2026 fourth quarter results.

•4mo ago

Worthington Steel Named a 2025 Supplier of the Year by General Motors

Worthington Steel was named a 2025 Supplier of the Year by General Motors, marking its fifth time earning the distinction since 2020. The award recognizes outstanding performance in safety, innovation, execution, and resilience across GM’s global operations. CEO Geoff Gilmore highlighted the shared commitment to continuous improvement, while GM’s Shilpan Amin noted the value of supplier partnerships in vehicle development.

•4mo ago

Worthington Steel to Webcast Discussion of Fourth Quarter 2026 Results on June 25

Worthington Steel will report fiscal fourth quarter 2026 results after market close on Wednesday, June 24, 2026. The company will host a conference call to discuss the results at 8:30 a.m. ET on Thursday, June 25, 2026. A live webcast will be available on the company’s Investor Relations website and archived for one year.

•5mo ago