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Bullboard - Stock Discussion Forum Stelco Holdings Inc STZHF


Primary Symbol: T.STLC

Steel Steel
Stelco Holdings Inc. is a Canada-based integrated and independent steelmaker with advanced integrated steelmaking facilities in North America. The Company is engaged in the production and sale of steel products. The Company produces flat-rolled value-added steels, including coated, cold-rolled, and hot-rolled steel products, as well as pig iron and metallurgical coke. It also provides gauge... see more

TSX:STLC - Post Discussion

Stelco Holdings Inc > Buyback 100k a day
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Post by extremerisk on Feb 24, 2022 10:37am

Buyback 100k a day

New buyback starts feb 28 with only limit being company can buy back about 100k shares a day given TSX rules.  With 1 billion in cash burning a hole in their pocket that means at this price they can buy every day for a whole year or more.  Steel prices look like bottoming here so Stelco even better buy now than before.  Added more today
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Stelco Holdings Inc
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