Reliance, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Unveils Corporate Rebranding
RSReliance(RS) Newsfilter·2024-02-15 19:50

-  Second highest annual EPS of $22.64; fourth quarter EPS of $4.70 -  Second highest annual cash flow from operations of $1.67 billion -  Repurchased $479.5 million of common stock in 2023 -  Increased quarterly dividend 10.0% to $1.10 per share (annual: $4.40) -  Completed acquisition of Cooksey Iron & Metal Company on February 1, 2024 -  Announced pending acquisition of American Alloy Steel, Inc. on February 14, 2024 -  Rebranding to Reliance, Inc. to reflect the Company's 85-year evolution through diver ...