Worthington Steel, Inc. announced the opening of the acceptance period for a public delisting tender offer for all outstanding shares of Klöckner & Co SE not already held by the company. The offer is being made through a subsidiary, Bidder, and has received approval from the German Federal Financial Supervisory Authority (Bafin). Worthington Steel, Inc. is a steel producer and manufacturer of steel products.

Worthington Steel, Inc. filed an amended 8-K to correct errors in its fourth quarter and full-year fiscal 2026 financial results, specifically regarding additional long-lived asset impairment charges in the Electrical Steel reporting unit and Bridge nonrevolving loan commitment costs. The adjustments are isolated to the fourth quarter and May 31, 2026, ended period and do not impact previously filed 10-Q reports or current fiscal year guidance. Worthington Steel, Inc. is a steel manufacturer and distributor.

Worthington Steel, Inc. entered into a $550,000,000 asset-based revolving credit agreement with Wells Fargo Bank, National Association, as agent, to refinance and replace its previous credit agreement. The facility is secured by substantially all of the company's assets and matures on June 25, 2031. The company may elect to increase the facility to a total of up to $750,000,000 without lender consent, potential additional committed capacity through the0.0 Klӧckner Increase Effective Date. The proceeds will be up to $550,000,000 to finance the Klӧckner Acquisition Transactions, working capital, and general corporate purposes. Worthington Steel, Inc. operates in the steel manufacturing industry.

Worthington Steel, Inc. declared a quarterly cash dividend of $0.16 per common share, payable on September 29, 2026, to shareholders of record as of September 15, 2026. The company also announced the correction of an error in its fourth quarter fiscal 2026 financial release, and the appointment of Gwen Joseph as the new Corporate Controller and Principal Accounting Officer, replacing the retiring retiring Corporate Controller Steven R. Witt. Worthington Steel, Inc. is a steel manufacturing company.

Worthington Steel, Inc. completed its acquisition of Klöckner & Co SE on June 3, 2026, following a voluntary public cash takeover offer at €11.00 per share. The company accepted 52,389,508 tendered shares for a total aggregate consideration of €576,284,588. This transaction brings the company's total holdings to 60,710,791 Klöckner shares, representing approximately 60.86% of the total outstanding share capital.

Worthington Steel, Inc. completed financings to support its acquisition of Klöckner & Co SE, which is being conducted through a cash takeover offer of €11.00 per share. The company issued $700,000,000 in 7.750% Senior Secured Notes due 2033 and entered into a $700,000,000 seven-year senior secured term loan B credit facility.