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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/11/2024 | Neutral | Seaport Research Partners |
Worthington Steel (NYSE:WS) today announced that it has decided to reduce the mandatory threshold of the voluntary takeover offer for Kloeckner & Co SE ("Kloeckner") to 57.5% and published the related amendment of the offer (the "Offer Amendment"). Worthington Steel will not increase the offer price or make any further changes to the offer. As a result of reducing the minimum acceptance threshold, the acceptance period originally expiring on March 12, 2026, will now expire on March 26, 2026. As of March 9, 2026, Worthington Steel has secured approximately 56.9% of Kloeckner's issued share capital. The consummation of the voluntary takeover offer remains subject to the fulfilment of the
Worthington Steel, Inc. (NYSE:WS) announced today that it will report the results for its fiscal third quarter after the market closes on Wednesday, March 25, 2026. The Company will host a conference call to discuss its fiscal third quarter results at 8:30 a.m. ET on Thursday, March 26, 2026. The conference call can be accessed by registering online at the link below. A live webcast will be available in the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, March 26, 2026 Start Time: 8:30 a.m. ET Registration Link: https://events.q4inc.com/a
Highlights: Following approval by BaFin, Worthington Steel GmbH has published the offer document for its voluntary public tender offer for Kloeckner & Co SE The acceptance period, during which Kloeckner & Co shareholders can tender their shares for an all-cash consideration of €11.00 per share, commences today and ends on March 12, 2026 The offer provides Kloeckner & Co shareholders with an attractive opportunity to realize the value of Kloeckner at a significant premium of 98% to the undisturbed three-month volume-weighted average share price on December 5, 2025, subject to the terms and conditions set out in the offer document Kloeckner & Co's Management Board and Supervisory
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
8-K - Worthington Steel, Inc. (0001968487) (Filer)
8-K - Worthington Steel, Inc. (0001968487) (Filer)
10-Q - Worthington Steel, Inc. (0001968487) (Filer)
Seaport Research Partners initiated coverage of Worthington Steel with a rating of Neutral
Worthington Steel, Inc. (NYSE:WS) announced today the appointment of Mark Davis to the Worthington Steel Board of Directors, effective immediately. Davis will serve as a member of the Audit Committee of the Board. "We are pleased to welcome Mark Davis to our board of directors," said John Blystone, executive chairman of Worthington Steel. "Mark's extensive background in finance, mergers and acquisitions and corporate governance will be a tremendous asset as we continue to grow and create value for our stakeholders." Davis is a private investor and co-chair of Lank Acquisition Corp., which invests in minority and majority positions in both public and private companies. He has more than 3
Worthington Steel, Inc. (NYSE:WS) announced today the appointment of Scott Kelly to the Worthington Steel Board of Directors, effective immediately. Kelly will serve as a member of the Nominating and Governance Committee of the Board. Following the appointment of Kelly, the Board will be comprised of 11 directors, eight of whom are independent. "We are pleased to welcome Scott Kelly to the Worthington Steel Board," said Worthington Steel Executive Chairman John Blystone. "Scott brings deep experience in leading operations for energy infrastructure and utility services, as well as manufacturing for the heavy-duty automotive industry and will be invaluable as we continue to execute on our g
Worthington Steel, Inc. (NYSE:WS) announced today that it will report the results for its fiscal third quarter after the market closes on Wednesday, March 25, 2026. The Company will host a conference call to discuss its fiscal third quarter results at 8:30 a.m. ET on Thursday, March 26, 2026. The conference call can be accessed by registering online at the link below. A live webcast will be available in the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, March 26, 2026 Start Time: 8:30 a.m. ET Registration Link: https://events.q4inc.com/a
Highlights: Following approval by BaFin, Worthington Steel GmbH has published the offer document for its voluntary public tender offer for Kloeckner & Co SE The acceptance period, during which Kloeckner & Co shareholders can tender their shares for an all-cash consideration of €11.00 per share, commences today and ends on March 12, 2026 The offer provides Kloeckner & Co shareholders with an attractive opportunity to realize the value of Kloeckner at a significant premium of 98% to the undisturbed three-month volume-weighted average share price on December 5, 2025, subject to the terms and conditions set out in the offer document Kloeckner & Co's Management Board and Supervisory
Strengthens Worthington Steel's leadership position in the North American metal processing sector Highlights: Creates the second largest steel service center company in North America with over $9.5 billion of combined revenue Highly complementary combination that strengthens Worthington Steel's strategic offerings in key product categories and regions Further diversifies Worthington Steel's products, end markets and geographic footprint across North America and Europe Anticipated to generate an estimated $150 million of highly actionable, identified annual run-rate synergies Expected to be substantially accretive to Worthington Steel's EPS within the first full
SC 13G/A - Worthington Steel, Inc. (0001968487) (Subject)
SC 13G/A - Worthington Steel, Inc. (0001968487) (Subject)
SC 13G/A - Worthington Steel, Inc. (0001968487) (Subject)