Previous Close | 29.12 |
Open | 29.46 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 29.12 - 29.12 |
52 Week Range | 23.47 - 35.00 |
Volume | |
Avg. Volume | 559 |
Market Cap | 1.75B |
Beta (5Y Monthly) | 1.54 |
PE Ratio (TTM) | 9.19 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 1.18 (4.06%) |
Ex-Dividend Date | Feb 28, 2024 |
1y Target Est | N/A |
Russel Metals Inc. (RUS: TSX) is providing an update with respect its previously announced transaction (the "Transaction") to acquire seven service center locations from Samuel, Son & Co., Limited ("Samuel"). The Competition Bureau's review of the Transaction is ongoing, and the Competition Bureau has advised Russel Metals and Samuel that it has concerns related to a narrow segment of product in a specific geography. Russel Metals and Samuel continue to engage constructively with the Competition
The Company's results for the 2024 first quarter will be issued by press release on Wednesday, May 1, 2024, after the close of business at 5:00 p.m. ET.
Russel Metals Inc. (TSX: RUS) today gave notice to redeem its 6% senior unsecured notes due March 16, 2026 (the "Notes") on May 2, 2024, at a price equal to 100% of the aggregate principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon. This redemption represents all of the original $150 million principal amount of the Notes and will be financed through cash on hand. As of December 31, 2023, Russel had $629 million of cash and cash equivalents.