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Bullboard - Stock Discussion Forum Cleveland-Cliffs Inc CLF

Steel Steel
Cleveland-Cliffs Inc. is a flat-rolled steel producer and engaged in manufacturing iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It offers advanced high-strength steels (AHSS), hot-dipped galvanized, aluminized, galvalume... see more

NYSE:CLF - Post Discussion

Cleveland-Cliffs Inc > Shareholder Value
View:
Post by angelnicky on Apr 24, 2024 12:28pm

Shareholder Value

How can the CEO state that they are increasing shareholder value when they don't pay a dividend and the share price is dropping?
Comment by billroth on Apr 26, 2024 12:23pm
Maybe with the $1.5 billion share buyback which could retire another 17% of shares outstanding after the 6% already retired in the first quarter. 
Cleveland-Cliffs Inc
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