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Slideshow Stock Buybacks

By The Online Investor Staff, updated Mon., Oct. 5, 5:00 PM

Slide #3. Olympic Steel, Inc.

Company: Olympic Steel, Inc. (NASDAQ:ZEUS)
Share Amount Authorized: 550,000
Buyback Details: Olympic Steel, Inc. (NASDAQ:ZEUS), a leading national metals service center, today announced that its Board of Directors has authorized the repurchase of up to 550,000 shares of Olympic Steel's common stock. Olympic Steel may utilize various methods to effect the repurchases, which could include open market repurchases, negotiated block transactions, accelerated stock repurchases or open market solicitations for shares, all or some of which may be effected through Rule 10b5-1 plans. The timing of repurchases will depend upon several factors, including market and business conditions, and limitations under the Company's credit agreement. Repurchases may be discontinued at any time.

Olympic Steel is a metals service center that provides metal processing and distribution services. Co. has two segments: Flat Products, which sells and distributes processed carbon, coated, aluminum and stainless flat-rolled sheet, coil and plate products; and Tubular and Pipe Products, which distributes metal tubing, pipe, bar, valve and fittings and fabricates pressure parts supplied to various industrial markets. Co.'s services include cutting-to-length, slitting, flattening, sawing and shearing. Co.'s machining activities include drilling, milling, tapping, boring and sawing. Co.'s fabrication activities include additional machining, welding, assembly and painting of component parts.
Open the ZEUS Page at The Online Investor »

Company Name:  Olympic Steel Inc.
Stock buyback:  ZEUS buyback
Sector:  Non-Precious Metals & Non-Metallic Mining
Number of ETFs Holding ZEUS:  23
Total Market Value Held by ETFs:  $8.53M
Total Market Capitalization:  $109.00M
% of Market Cap. Held by ETFs:  7.83%

Open the ZEUS Page at The Online Investor (in a new window) »

October 5, 2015    5:00 PM Eastern
Quotes delayed 20 minutes

Buy (3.33 out of 4)
60th percentile
(ranked higher than approx. 60% of all stocks covered)
Based on Zacks ABR data;
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