Cmc announces increase to its existing share repurchase program

Irving, texas , jan. 10, 2024 /prnewswire/ -- commercial metals company (nyse: cmc) (the "company" or "cmc") today announced that its board of directors has authorized an increase of $500 million to the company's existing common stock repurchase program, bringing the aggregate capacity of the program to $850 million.   approximately  $310 million of the company's common stock has been repurchased under the existing program since its authorization in october 2021.
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