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STLC Stelco Holdings Inc

37.17
0.21 (0.57%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Stelco Holdings Inc TSX:STLC Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.21 0.57% 37.17 37.05 37.29 38.33 37.13 37.29 98,352 21:12:21

Stelco Announces Closing of Buyback

13/08/2021 10:31pm

PR Newswire (Canada)


Stelco (TSX:STLC)
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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

HAMILTON, ON, Aug. 13, 2021 /CNW/ - Stelco Holdings Inc. ("Stelco" or the "Company") (TSX: STLC) announced  today  that  the  previously announced repurchase of 11,398,024 common shares in the capital of the Company (the "Purchased Shares") from LG Bedrock Holdings LP at a price of $34.93 per Purchased Share for gross proceeds to LG Bedrock Holdings LP of approximately $398 million has closed and the Purchased Shares have been cancelled.

Stelco Holding Inc. (CNW Group/Stelco)

About Stelco

Stelco is a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America. Stelco produces flat-rolled value-added steels, including premium-quality coated, cold-rolled and hot-rolled steel products. With first-rate gauge, crown, and shape control, as well as reliable uniformity of mechanical properties, our steel products are supplied to customers in the construction, automotive and energy industries across Canada and the United States as well as to a variety of steel services centres, which are regional distributors of steel products.


SOURCE Stelco

Copyright 2021 Canada NewsWire

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