0000022444FALSE00000224442023-06-212023-06-21
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): June 21, 2023
Commercial Metals Company
(Exact Name of Registrant as Specified in Charter)
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Delaware
(State or Other Jurisdiction of Incorporation)
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| 1-4304 |
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75-0725338 |
(Commission File Number) |
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(IRS Employer Identification No.) |
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| 6565 N. MacArthur Blvd. |
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Irving, Texas |
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75039 |
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(Zip Code) |
(214) 689-4300
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of Each Class |
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Trading Symbol(s) |
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Name of Each Exchange on Which Registered |
| Common Stock, $0.01 par value |
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CMC |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Emerging growth company |
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01 Other Events.
On June 21, 2023, Commercial Metals Company (NYSE: CMC) (the "Company") issued a press release announcing that the board of directors of the Company declared a regular quarterly cash dividend of $0.16 per share of CMC common stock. The dividend will be paid on July 12, 2023, to stockholders of record as of the close of business on July 3, 2023.
A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
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| 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 |
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| 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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COMMERCIAL METALS COMPANY |
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Date: June 21, 2023 |
By: /s/ Paul J. Lawrence |
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Name: Paul J. Lawrence |
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Title: Senior Vice President and Chief Financial Officer |
EX-99.1
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cmc-5312023xdividendxex991.htm
EX-99.1
Document
News Release
COMMERCIAL METALS COMPANY ANNOUNCES QUARTERLY DIVIDEND OF $0.16 PER SHARE
Irving, Texas - June 21, 2023 - Today, June 21, 2023, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.16 per share of CMC common stock. CMC’s 235th consecutive quarterly dividend will be paid on July 12, 2023, to stockholders of record as of the close of business on July 3, 2023.
About Commercial Metals Company
CMC and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace ("EAF") mini mills, two EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses and metal recycling facilities in the United States and Poland. Through its Tensar operations, CMC is a leading global provider of innovative ground and soil stabilization solutions selling into more than 80 national markets through two major product lines: Tensar® geogrids and Geopier® foundation systems.
Media Contact:
Susan Gerber
214.689.4300
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