Item 8.01 Other Events.
On October 13, 2021, Commercial Metals Company (NYSE: CMC) (the "Company")
issued a press release announcing that the board of directors of the Company
(the "Board") declared a regular quarterly cash dividend of $0.14 per share of
CMC common stock, payable on November 10, 2021 to stockholders of record as of
the close of business on October 27, 2021.
Also included in the press release issued on October 13, 2021, the Company
announced that the Board authorized a new share repurchase program of up to $350
million of the Company's outstanding common stock. Under the new share
repurchase program, the Company may repurchase shares from time to time for cash
in open market transactions or in privately-negotiated transactions in
accordance with applicable federal securities laws. This new program replaces
the Company's previous share repurchase program, which the Board terminated in
connection with the approval of the new program.
A copy of the Company's press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are being furnished as part of this Current Report on Form 8-K.
99.1 Press Release issued by Commercial Metals Company on October 13, 2021.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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