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MarketScreener Homepage  >  Equities  >  Nyse  >  Commercial Metals Company    CMC

COMMERCIAL METALS COMPANY

(CMC)
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Commercial Metals Company (NYSE:CMC) Files An 8-K Submission of Matters to a Vote of Security Holders

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01/11/2019 | 04:11pm EDT

Commercial Metals Company (NYSE:CMC) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.

The following matters were voted upon by the stockholders of Commercial Metals Company (the Company) at the Companys annual meeting of stockholders held on January9, 2019 (the Annual Meeting). For more information about the following matters, see the Companys definitive proxy statement dated November26, 2018.

(1) the election of three persons to serve as ClassIII directors to serve until the 2022 annual meeting of stockholders and until their successors are elected;

(2) the ratification of the appointment of Deloitte Touche LLP as the Companys independent registered public accounting firm for the fiscal year ending August31, 2019; and

(3) the approval, on an advisory basis, of the compensation of the Companys named executive officers as disclosed in the Companys proxy statement for the Annual Meeting.

The following is a summary of the final voting results for each matter presented to the stockholders:

Election of Directors:

Approval, on an Advisory Basis, of Executive Compensation:

10,321,163

About Commercial Metals Company (NYSE:CMC)

Commercial Metals Company, together with its subsidiaries, manufactures, recycles and markets steel and metal products, related materials and services through a network. The Company’s Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. The Americas Mills segment consists of steel mills, commonly referred to as minimills that produce reinforcing bar (rebar), angles, flats and rounds. Its Americas Fabrication segment consists of its steel fabrication facilities that bend, weld, cut and fabricate steel, primarily rebar. Its International Mill segment consists of its mill, recycling and fabrication operations located in Poland. Its International Marketing and Distribution segment includes international operations for the sales, distribution and processing of primary and secondary metals, fabricated metals, semi-finished, long and flat steel products, and other industrial products.

The post Commercial Metals Company (NYSE:CMC) Files An 8-K Submission of Matters to a Vote of Security Holders appeared first on Market Exclusive.

© Market Exclusive 2019, source Market Exclusive

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Financials ($)
Sales 2019 5 952 M
EBIT 2019 343 M
Net income 2019 170 M
Debt 2019 1 136 M
Yield 2019 3,31%
P/E ratio 2019 9,40
P/E ratio 2020 6,40
EV / Sales 2019 0,48x
EV / Sales 2020 0,43x
Capitalization 1 706 M
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Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 20,2 $
Spread / Average Target 39%
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Managers
NameTitle
Barbara R. Smith Chairman, President & Chief Executive Officer
Tracy L. Porter Chief Operating Officer & Executive Vice President
Mary Antoinette Lindsey Chief Financial Officer & Senior Vice President
J. David Smith Independent Director
Rhys J. Best Independent Director
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