AGM/EGMMay 8, 2026, 09:47 AM
Steel Dynamics Shareholders Elect Directors, Approve Comp, Declare $0.53 Dividend
AI Summary
Steel Dynamics, Inc. held its Annual Meeting of Shareholders on May 6, 2026, where all seven director nominees were elected, Ernst & Young LLP was ratified as the independent auditor for 2026, and named executive officer compensation for 2025 was approved by an advisory vote. A shareholder proposal regarding political spending was not approved. Additionally, the company's board of directors declared a second quarter cash dividend of $0.53 per common share.
Key Highlights
- Shareholders elected all seven director nominees for a one-year term.
- Ratified Ernst & Young LLP as independent auditors for the year ending December 31, 2026.
- Approved 2025 named executive officer compensation by an advisory vote with 114.6 million votes For.
- Did not approve the shareholder proposal titled "Avoid Political Spending Brand Damage" with 73.9 million votes Against.
- Declared a second quarter cash dividend of $0.53 per common share.
- The dividend is payable on or about July 10, 2026, to shareholders of record on June 30, 2026.
Price Impact
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