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Nippon Steel Corporation (NISTF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed Price. Currency in USD
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21.00-0.27 (-1.27%)
At close: 12:10PM EDT
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Previous Close21.27
Open21.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range21.00 - 21.10
52 Week Range19.51 - 25.22
Volume4,053
Avg. Volume219
Market Cap19.571B
Beta (5Y Monthly)1.28
PE Ratio (TTM)6.23
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.03 (4.90%)
Ex-Dividend DateSept 27, 2024
1y Target EstN/A
  • Reuters

    Nippon Steel executive to visit U.S. to meet stakeholders of U.S. Steel deal

    , TOKYO (Reuters) -Japan's Nippon Steel said on Saturday its vice chairman, Takahiro Mori, a key negotiator for its planned purchase of U.S. Steel, will travel to the United States next week to meet stakeholders as part of continued efforts to complete the deal. A spokesperson for Nippon Steel in Tokyo said Mori will visit the United States to continue dialogues with various stakeholders of the deal to gain a better understanding. U.S. Steel deferred to the Japanese counterpart for comment.

  • Reuters

    U.S. Steel shareholders approve $14.9 billion buyout by Nippon Steel

    (Reuters) -U.S. Steel shareholders on Friday approved its proposed $14.9 billion acquisition by Japan's Nippon Steel, as expected, taking the merger one step closer to completion even as political opposition to the deal mounts. U.S. Steel said that over 98% of the votes were in favor of the deal under which Nippon will pay $55 per share, an amount that represented a hefty premium when the takeover was announced in December. President Joe Biden has said U.S. Steel must remain a domestically owned American firm.

  • Reuters

    EU to decide on Nippon Steel's US Steel bid by May 17, approval a formality

    Nippon Steel's $14.9 billion acquisition of U.S. Steel Corp will be decided by European Union antitrust regulators by May 17, with their approval a formality, a European Commission filing showed. Nippon Steel, which clinched a deal to buy the 122-year-old American steelmaker for a hefty premium in December, however, faces headwinds with U.S. antitrust regulators. Nippon Steel has manufacturing bases in Sweden, Finland and Britain and an office in Germany while U.S. Steel has a Slovakian subsidiary.