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NUE Nucor Corporation

171.10
-1.02 (-0.59%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nucor Corporation NYSE:NUE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.02 -0.59% 171.10 172.89 170.23 171.93 884,364 01:00:00

Nucor Board Authorizes Stock Buyback

03/09/2015 2:00am

Dow Jones News


Nucor (NYSE:NUE)
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Nucor Corp. said its board has authorized the repurchase of up to $900 million of stock from time to time.

The steel-products company, which has a market capitalization of about $13.68 billion, also said Laurette T. Koellner has joined its board. Ms. Koellner is a former Boeing Co. executive who was executive chairman of International Lease Finance Corp. from 2012 through 2014.

In after-hours trading, Nucor shares were up 36 cents, to $43.16.

In July, Nucor said its second-quarter profit fell mainly on a slump in steel prices, but predicted a better second half in part because of stronger trade protection laws. Revenue for the quarter fell 18%, to $4.36 billion.

Write to Josh Beckerman at josh.beckerman@wsj.com

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

September 02, 2015 20:45 ET (00:45 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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