Commercial Metals Company Results Presentation Deck slide image

Commercial Metals Company Results Presentation Deck

Disciplined Capital Allocation Strategy CMC will prudently allocate capital while maintaining a strong and flexible balance sheet CMC Capital Allocation Priorities: 1 Value-Generating Growth 2 Shareholder Distributions 3 Debt Management 2023 Sources of Cash Cash flow from earnings Working capital release Quarterly dividend of $0.16 per share (increased 14% in Q4 2022) CMC 2023 Uses of Cash Completion of Arizona 2 greenfield project Initial investments in CMC Steel West Virginia Key equipment replacement and upgrade projects at several mills Opportunistic M&A Share repurchases ($83 million YTD in FY 2023) Repayment of 2023 senior notes Shareholder Cash Distribution Programs in Place $350 million share repurchase program ($105 million remaining) Q3 FY23 Supplemental Slides June 22, 2023 15
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