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U. S. Steel bevestigt ontvangst van ongevraagde voorstellen van Cleveland-Cliffs en meerdere andere partijen en herbevestigt competitief strategisch beoordelingsproces om aandeelhouderswaarde te maximaliseren • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) ('U. S. Steel' of 'het Bedrijf') heeft vandaag bevestigd dat het Cleveland-Cliffs Inc. ('Cleveland-Cliffs') heeft uitgenodigd om deel te nemen aan het eerder aangekondigde strategische beoordelingsproces. Het Bedrijf maakte eerder bekend dat het een formeel beoordelingsproces is gestart, met de hulp van externe financiële en juridische adviseurs, om strategische alternatieven voor het Bedrijf te evalueren na ontvangst van meerdere ongevraagde...

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U.S. Steel confirme la réception de propositions non sollicitées de Cleveland-Cliffs et de plusieurs autres parties ; la société réaffirme le processus d’examen stratégique concurrentiel visant à maximiser la valeur pour les actionnaires • • Business Wire • Stocks

United States Steel Corporation (NYSE : X) (« U. S. Steel » ou « la société ») a confirmé aujourd’hui qu’elle avait invité Cleveland-Cliffs Inc. (« Cleveland-Cliffs ») à participer au processus d’examen stratégique qu’elle avait précédemment annoncé. La société a précédemment divulgué qu’elle avait entamé un processus d’examen formel, avec l’aide de conseillers financiers et juridiques externes, afin d’évaluer les alternatives stratégiques pour la société...

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U. S. Steel confirma la recepción de propuestas no solicitadas de Cleveland-Cliffs y muchas otras partes; reafirma el competitivo proceso de revisión estratégica a fin de maximizar el valor para los accionistas • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel” o “la empresa”) confirmó hoy que ha invitado a Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) para que participe en su proceso de revisión estratégica anunciado con anterioridad. La empresa divulgó previamente que ha comenzado un proceso de revisión formal, con la asistencia de asesores financieros y legales externos, a fin de evaluar alternativas estratégicas para la empresa tras recibir varias propuestas no solicitadas que...

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U. S. Steel start onderzoek naar strategische alternatieven • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) heeft vandaag aangekondigd dat de raad van bestuur heeft besloten een officieel onderzoeksproces te starten. Het onderzoek zal worden verricht met behulp van externe financiële en juridische adviseurs, om strategische alternatieven voor het bedrijf te evalueren. De raad van bestuur en het managementteam zetten zich in om te handelen in het beste belang van de onderneming, zijn aandeelhouders en stakeholders. U.S. Steel heeft...

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U. S. Steel Confirms Receipt of Unsolicited Proposals from Cleveland-Cliffs and Multiple Other Parties; Reaffirms Competitive Strategic Review Process to Maximize Stockholder Value • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously announced strategic review process. The Company previously disclosed it has commenced a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the Company after receiving multiple unsolicited proposals that ranged from the...

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US Steel annonce un processus d'alternatives stratégiques • • Business Wire • Stocks

United States Steel Corporation (NYSE : X) (« US Steel ») a annoncé aujourd'hui que son conseil d'administration a décidé de lancer un processus d'examen formel, avec l'aide de conseillers financiers et juridiques externes, afin d'évaluer les alternatives stratégiques pour la Société. Le conseil d'administration et l'équipe de direction s'engagent à agir dans le meilleur intérêt de la Société, de ses actionnaires et de ses parties prenantes. US Steel a réalisé des progrès...

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U. S. Steel anuncia proceso de alternativas estratégicas • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) anunció hoy que su directorio ha decidido iniciar un proceso de revisión formal, con la ayuda de asesores financieros y legales externos, para evaluar las alternativas estratégicas de la empresa. El directorio y el equipo gerencial se comprometen a actuar en beneficio de la empresa, sus accionistas y sus partes interesadas. U. S. Steel ha logrado un progreso importante al transformar la empresa en un fabricante siderúrgico Best...

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U. S. Steel Announces Strategic Alternatives Process • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors has decided to initiate a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the Company. The Board of Directors and management team are committed to acting in the best interests of the Company, its stockholders and its stakeholders. U. S. Steel has made significant progress transforming the Company into a...

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U. S. Steel Aims to Improve Operational Efficiencies and Employee Experiences with Google Cloud’s Generative AI • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) and Google Cloud today announced a new collaboration to build applications using Google Cloud’s generative artificial intelligence (“gen AI”) technology to drive efficiencies and improve employee experiences in the largest iron ore mine in North America. As a leading manufacturer engaging in gen AI with Google Cloud, U. S. Steel continues to advance its more than 100-year legacy of innovation. This press release features...

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U. S. Steel Names Goldman Sachs Alum Emily Chieng as Investor Relations Officer • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced the appointment of Emily Chieng as Investor Relations Officer, effective September 2023. She succeeds Kevin Lewis who was appointed Vice President, Finance in December 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230801604874/en/ Emily Chieng (Photo: Business Wire) In her role, Chieng will focus on enhancing understanding and awareness of the...

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United States Steel Corporation Declares Dividend • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, September 7, 2023, to stockholders of record at the close of business on Monday, August 7, 2023. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All ® strategy is advancing a more...

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U. S. Steel Delivers Another Strong Quarter; Best for All® Strategy On-Track • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) reported second quarter 2023 net earnings of $477 million, or $1.89 per diluted share. Adjusted net earnings was $483 million, or $1.92 per diluted share. This compares to second quarter 2022 net earnings of $978 million, or $3.42 per diluted share. Adjusted net earnings for the second quarter 2022 was $1,116 million, or $3.89 per diluted share. This press release features multimedia. View the full release here:...

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U. S. Steel Recognized as a 'Best Place to Work for Disability Inclusion' with Top Disability Equality Index Score • • Business Wire • Stocks

U. S. Steel (NYSE: X) announced today that for the third consecutive year, the Company was recognized as a “Best Place to Work for Disability Inclusion,” with a top score of 100 on the Disability Equality Index ® (DEI). Also this year, U. S. Steel’s President and CEO, David B. Burritt, joined more than 150 other global CEOs that have signed Disability:IN’s “ CEO Letter on Disability Inclusion ,” a collective call to advance disability inclusion in the workplace. This press release...

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United States Steel Corporation to Release Second Quarter 2023 Financial Results on July 27, 2023; Invites Retail and Institutional Investors to Submit Questions • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the second quarter 2023 on Thursday, July 27, 2023, following the close of trading on the New York Stock Exchange. Interested stockholders, investors and others may listen to the company’s webcast on Friday, July 28, 2023, at 8:30 a.m. ET. The webcast will discuss the second quarter 2023 financial results and provide a company update which may include forward-looking...

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United States Steel Corporation Provides Second Quarter 2023 Guidance • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) today provided second quarter 2023 adjusted net earnings per diluted share guidance of $1.81 to $1.86. Second quarter 2023 adjusted EBITDA is expected to be approximately $775 million. Commenting on second quarter guidance, President and Chief Executive Officer David B. Burritt said, “We expect to deliver another strong quarter of safety, operational and financial performance driven by our continued focus on strategic markets and building a more...

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U. S. Steel Issues ESG Report Highlighting Continued Progress on Ambitious Sustainability Goals • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2022 Environmental, Social and Governance (ESG) Report titled, “Essential for our Future,” reaffirming its commitment to sustainable steelmaking and a greener economy. Steel is essential to enabling critical green technologies like wind turbines, solar fields, and electric vehicle motors. Moreover, sustainable steel can contribute towards lowering the greenhouse gas (GHG) emissions of other products and...

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U. S. Steel Issues 2023 Diversity, Equity and Inclusion Report • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2023 Diversity, Equity and Inclusion (DEI) Report, which emphasizes its strong commitment to fostering a culture that supports all employees. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230607005611/en/ U. S. Steel Issues 2023 Diversity, Equity and Inclusion Report (Photo: Business Wire) Highlights of the report include an increase in the representation...

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U. S. Steel Closes on $240 Million Financing to Support Big River 2 • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) today announced the closing of $240 million unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation (the “Green Bonds”). The Green Bonds, issued through Arkansas Development Finance Authority, have a coupon rate of 5.70% and carry a final maturity of 2053. Under the agreement with the Arkansas bond issuer, U. S. Steel will pay semiannual...

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United States Steel Corporation Declares Dividend • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, June 7, 2023, to stockholders of record at the close of business on Monday, May 8, 2023. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All ® strategy is advancing a more secure,...

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U. S. Steel Delivers Strong First Quarter 2023; Best for All® Strategy On-Track • • Business Wire • Stocks

United States Steel Corporation (NYSE: X) reported first quarter 2023 net earnings of $199 million, or $0.78 per diluted share. Adjusted net earnings was $195 million, or $0.77 per diluted share and excludes stock-based compensation expense of $8 million, net of taxes, or $0.03 per diluted share that had previously been reported in the North American Flat-Rolled segment and other one-time items detailed in the reconciliation of adjusted net earnings table. The exclusion of stock-based...

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