Worthington Steel Inc
For the period ended Feb 29, 2024. Filed Apr 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Feb 29, 2024 · Filed Apr 12, 2024
Contents
Recent Business Developments
On December 1, 2023, in connection with the Separation, we paid a $150.0 million distribution to the Former Parent.
On March 13, 2024, TWB signed a licensing agreement with ArcelorMittal Tailored Blanks for a patented ablation technology that will expand our capabilities in North America.
On March 21, 2024, the Board declared a quarterly cash dividend of $0.16 per common share payable on June 28, 2024 to shareholders of record at the close of business on June 14, 2024.
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