ATI INC

ATI Inc. announced the completion of its offering and sale of $450 million aggregate principal amount of unsecured 5.875% Senior Notes due 2033. The Notes will accrue interest at 5.875% per annum, payable semi-annually, and will mature on June 15, 2033. The company has various redemption options, including redeeming up to 35% of the notes at 105.875% using proceeds from equity offerings prior to June 15, 2029. The offering was made pursuant to a shelf registration statement, and an underwriting agreement was executed with Goldman Sachs & Co. LLC.

ATI Inc. announced the pricing of its public offering of $450 million aggregate principal amount of 5.875% Senior Notes due 2033. These notes will pay interest semi-annually and mature on June 15, 2033. The company intends to use approximately $350 million of the net proceeds to redeem all of its outstanding 5.875% Senior Notes due 2027, with any remaining proceeds allocated for general corporate purposes.

ATI Inc. held its 2026 Annual Meeting of Stockholders on May 14, 2026. Shareholders elected Kimberly A. Fields, Elizabeth H. Lund, and David J. Morehouse as directors for three-year terms expiring in 2029. Additionally, stockholders approved the advisory vote on the 2025 compensation for named executive officers and ratified the appointment of Ernst & Young LLP as the independent auditors for the 2026 fiscal year.

ATI Inc. reported strong first quarter 2026 results, with Adjusted EPS of $1.00, a 39% increase year-over-year, and sales of $1.15 billion. The company achieved double-digit earnings growth, expanded Adjusted EBITDA margin to 20.1%, and improved operating cash flow by over $220 million. Based on this performance and outlook, ATI raised its full-year 2026 adjusted earnings and free cash flow guidance and announced an additional $500 million share repurchase authorization.