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IRVING, Texas, Jan. 7, 2021 /PRNewswire/ On January 7, 2021, the board of directors of Commercial Metals Company (NYSE: CMC) ( CMC ) declared a regular quarterly cash dividend of $0.12 per share of CMC common stock. The dividend is payable to stockholders of record as of the close of business on January 21, 2021. The dividend will be paid on February 4, 2021. This cash dividend reflects CMC s 225
th consecutive quarterly dividend.
About Commercial Metals Company
Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products, related materials and services through a network including seven electric arc furnace ( EAF ) mini mills, two EAF micro mills, two rerolling mills, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the U.S. and Poland.
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Commercial Metals Company Announces CMC Steel Arizona To Begin Receiving Renewable Solar Energy
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IRVING, Texas, Dec. 16, 2020 /PRNewswire/ Commercial Metals Company (NYSE: CMC) today announced that their micro mill in Mesa, Arizona, CMC Steel Arizona, has begun receiving renewable energy from Salt River Project s (SRP) new Saint Solar electricity generation plant. CMC Steel Arizona was one of the original customers to join the first phase of SRP s Sustainable Energy program that was announced in 2018. The Saint Solar plant, located in Coolidge, Arizona, is a 100-megawatt utility-based solar array that will provide renewable energy to CMC Steel Arizona and others in the SRP community.
Tuesday, December 15, 2020
A. Federal Trade Commission (FTC)
Consent decree for Stryker Corp. to divest assets as part of $4 billion acquisition of Wright Medical Group N.V.
On Nov. 3, 2020, the FTC announced that it would require Stryker Corp. and Wright Medical Group N.V. to divest assets related to Stryker’s total ankle replacements and finger joint implant products to remedy antitrust concerns that Stryker’s proposed $4 billion acquisition of Wright would harm competition in those markets. The FTC consent decree requires the divestiture of those assets to DJO Global, Inc., permitting it to become an independent, viable, and effective competitor to Stryker. The proposed consent decree also requires Stryker to supply DJO Global with transition assistance and to act as an intermediary supplier until DJO Global obtains FDA approval to be the legal manufacturer of the divested products
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