Radius Recycling Announces Ticker Symbol Change To 'RDUS'

8/30/23 8:08:49 AM ET

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Consumer Discretionary

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Schnitzer Steel Industries, Inc. dba Radius Recycling (NASDAQ:SCHN) announced that the Company's common stock will begin trading on NASDAQ under the symbol ‘RDUS' at the open of market trading on September 1, 2023, which coincides with the start of the Company's fiscal year. ‘RDUS' will replace the Company's current ticker symbol ‘SCHN,' which has been used since its initial public offering in 1993. The new ticker symbol aligns with the Company's rebranding from Schnitzer Steel to Radius Recycling, announced on July 26, 2023.

No action is required by existing Company shareholders with respect to the ticker symbol change.

To learn more about Radius Recycling, visit radiusrecycling.com.

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Recent Analyst Ratings for
$SCHN

Date	Price Target	Rating	Analyst
5/19/2022		Overweight → Sector Weight	KeyBanc Capital Markets
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7/19/2021	$80.00	Outperform	Northland Capital

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Radius Recycling Announces Ticker Symbol Change
Schnitzer Steel Industries, Inc. dba Radius Recycling (NASDAQ:SCHN) announced that the Company's common stock will begin trading on NASDAQ under the symbol ‘RDUS' at the open of market trading on September 1, 2023, which coincides with the start of the Company's fiscal year. ‘RDUS' will replace the Company's current ticker symbol ‘SCHN,' which has been used since its initial public offering in 1993. The new ticker symbol aligns with the Company's rebranding from Schnitzer Steel to Radius Recycling, announced on July 26, 2023. No action is required by existing Company shareholders with respect to the ticker symbol change. To learn more about Radius Recycling, visit radiusrecycling.com.
8/30/23 8:00:00 AM ET
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Schnitzer Steel Rebrands as Radius Recycling to Reflect Company's Vision, Purpose, and Impact on Circular Economy
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) today unveiled its new corporate name and identity, Radius Recycling, as part of a rebranding initiative to reflect the Company's vision, purpose, and impact on the global economy. For more than a century, the Company has developed robust networks to collect, process, and deliver recycled metals to customers around the world. As the global economy accelerates its shift toward low carbon technologies, the demand for these metals has grown significantly. Electric vehicles and renewable energy systems, widely acknowledged as crucial components of a sustainable future, require more metals compared to the technologies they are replacing. As Radi
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Schnitzer Reports Third Quarter Fiscal 2023 Financial Results
Significant Sequential Performance Improvement Schnitzer Board Declares Quarterly Dividend Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) today reported results for its third quarter of fiscal 2023 ended May 31, 2023. Third Quarter Fiscal 2023 Highlights Diluted earnings per share from continuing operations of $0.48. Net income of $14 million and net income per ferrous ton of $12. Adjusted diluted earnings per share from continuing operations of $0.67, which excludes charges of $5 million, or $0.18 per share, related primarily to legacy environmental matters. Adjusted EBITDA of $56 million and adjusted EBITDA per ferrous ton of $48. Significant sequential performance impro
6/27/23 8:00:00 AM ET
$SCHN
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$SCHN
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Schnitzer Reports Third Quarter Fiscal 2023 Financial Results
Significant Sequential Performance Improvement Schnitzer Board Declares Quarterly Dividend Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) today reported results for its third quarter of fiscal 2023 ended May 31, 2023. Third Quarter Fiscal 2023 Highlights Diluted earnings per share from continuing operations of $0.48. Net income of $14 million and net income per ferrous ton of $12. Adjusted diluted earnings per share from continuing operations of $0.67, which excludes charges of $5 million, or $0.18 per share, related primarily to legacy environmental matters. Adjusted EBITDA of $56 million and adjusted EBITDA per ferrous ton of $48. Significant sequential performance impro
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Schnitzer Announces Third Quarter Fiscal 2023 Earnings Date and Conference Call Webcast Details
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) announced that the Company will report financial results for its third quarter fiscal 2023 ended May 31, 2023 on Tuesday, June 27, 2023. The Company will host a webcast conference call to discuss the results at 11:30 a.m. Eastern Time on the same day. The webcast of the call and the accompanying slide presentation may be accessed on Schnitzer's website under Company > Investors > Event Calendar at www.schnitzersteel.com/company/investors/event-calendar. The call will be hosted by Tamara Lundgren, Chairman and Chief Executive Officer, and Stefano Gaggini, Senior Vice President and Chief Financial Officer. About Schnitzer Steel Industries, Inc.
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Schnitzer Reports Second Quarter Fiscal 2023 Financial Results
Significant Sequential Performance Improvement on Strengthening Demand Strong Operating Cash Flow Generation of $88 million Schnitzer Board Declares Quarterly Dividend Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) today reported results for its second quarter of fiscal 2023 ended February 28, 2023. Second Quarter Fiscal 2023 Highlights Diluted earnings per share from continuing operations of $0.14. Net income of $4 million and net income per ferrous ton of $3. Adjusted diluted earnings per share from continuing operations of $0.14. Adjusted EBITDA of $32 million and adjusted EBITDA per ferrous ton of $25. Significant sequential performance improvement driven by higher d
4/5/23 8:00:00 AM ET
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Schnitzer Steel Industries, Inc. Appoints Gregory R. Friedman to its Board of Directors
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) announced that its Board of Directors has appointed Gregory R. Friedman as a new independent director, effective immediately. Mr. Friedman will serve on the Audit Committee and the Compensation and Human Resources Committee of the Board. Over his 30-year career, Mr. Friedman has led business growth through a variety of senior executive roles. He currently serves as the Chief Financial Officer of Mura Technology, a plastics recycling technology company supported by investments by multiple leading petrochemical and industrial companies and aims to become the world's prime producer of recycled hydrocarbons. Prior to joining Mura, from 2018 throu
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Schnitzer Steel Expands Role of Chief Strategy Officer and Appoints New Chief Financial Officer
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) is pleased to announce changes to its executive leadership team. On July 27, 2022, Schnitzer's Board of Directors appointed Richard Peach, the Company's Executive Vice President, Chief Financial Officer, and Chief Strategy Officer, to serve as the Company's Executive Vice President and Chief Strategy Officer, effective September 1, 2022, with expansion of scope and responsibility. Mr. Peach, 58, had served as Schnitzer's CFO since 2007. Prior to joining Schnitzer in 2007, Mr. Peach was CFO at PacifiCorp, a leading energy utility in the western United States. On July 27, 2022, the Board also appointed Stefano Gaggini, the Company's Vice Presid
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Schnitzer Steel Industries, Inc. Appoints Leslie Shoemaker to its Board of Directors
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) announced that its Board of Directors has appointed Leslie L. Shoemaker as a new independent director, effective immediately. Dr. Shoemaker will serve on the Nominating and Corporate Governance Committee of the Board. Dr. Shoemaker is the President of Tetra Tech (NASDAQ:TTEK), a leading, global provider of consulting and engineering services in the areas of water, environment, infrastructure, resource management, energy, and international development. Dr. Shoemaker joined Tetra Tech in 1991 and has served in various technical and operational capacities of increasing responsibility, including Group President, Chief Strategy Officer, and Growth
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Radius Recycling Announces Ticker Symbol Change To 'RDUS'

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Shoemaker Leslie L was granted 4,400 shares (SEC Form 4)

Sutherlin Michael W was granted 4,400 shares (SEC Form 4)

Minor Glenda J was granted 4,400 shares (SEC Form 4)

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