Welcome to our dedicated page for Russel Metal Ord news (Ticker: RUSMF), a resource for investors and traders seeking the latest updates and insights on Russel Metal Ord stock.
Russel Metals Inc. reports developments as a North American metals distribution company operating through metals service centers, energy field stores and steel distributors. Its service centers carry carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals; its energy field stores serve energy industry customers; and its steel distributors sell large-volume steel to service centers and equipment manufacturers.
Recurring news covers quarterly and annual results, EBITDA and liquidity measures, dividend declarations, normal course issuer bids, capital investment and branch-integration activity, property rationalization, and annual meeting matters such as director elections, auditor appointments and advisory compensation votes.
Russel Metals (OTC: RUSMF, TSX: RUS) received TSX approval for a new normal course issuer bid (NCIB) allowing it to repurchase for cancellation up to 5,446,896 common shares, or 10% of the public float, between August 18, 2026 and the earlier of August 17, 2027 or completion of purchases.
As of August 10, 2026, the company had 54,906,755 shares outstanding. Daily TSX purchases are capped at 59,558 shares, based on a six‑month average volume of 238,233. The bid will be funded from existing cash or credit facilities, and all repurchased shares will be cancelled. Under the prior NCIB, Russel Metals bought 1,021,400 of 5,542,173 authorized shares at a weighted average price of $41.89.
Russel Metals (RUSMF) reported record second quarter 2026 revenues of $1.655 billion, up 17% versus Q1 2026 and 37% year over year, with adjusted EBITDA of $153.7 million. Net earnings were $78.5 million and adjusted net earnings $89.8 million, or adjusted EPS of $1.63.
Gross margin rose to 22.6%, 130 bps above Q1. Former Kloeckner branches delivered Q2 revenues of $213 million and EBITDA of $16 million, supporting an annualized return on capital of 31%. Liquidity totaled $554 million with net debt of $144 million, and Q2 annualized return on capital reached 24%. The company invested $18 million in capex, generated $135 million of cash from operating activities before working capital, paid a dividend of $0.44 per share and extended its $450 million credit facility to 2030.
Russel Metals (OTC:RUSMF) will release its 2026 second quarter results on Thursday, August 6, 2026, after the close of business at 5:00 p.m. ET.
An investor conference call to review the results will be held on Friday, August 7, 2026 at 9:00 a.m. ET, hosted by senior executives.
Russel Metals (OTC: RUSMF) reported results from its 2026 annual meeting held May 6, 2026. Shareholders representing 31,247,659 shares (56.79%) of 55,021,755 outstanding shares voted.
All nine director nominees were elected with >96% votes in favour; the advisory "say on pay" and KPMG LLP auditor appointment were approved.
Russel Metals (OTC: RUSMF) reported record first-quarter 2026 results with revenues of $1,418 million and EBITDA of $124 million for the three months ended March 31, 2026. The company completed the sale of Delta (BC) property for $39 million (pre-tax gain $36 million), declared a quarterly dividend increase to $0.44 per share payable June 15, 2026, and exited the quarter with $500 million of available liquidity and $170 million net debt.
Contributions from the December 31, 2025 Kloeckner branch acquisition added $183 million revenue and $8 million EBITDA in Q1; shipments and U.S. revenue mix increased materially.
Russel Metals (OTC:RUSMF) will release its 2026 first-quarter results by press release on Tuesday, May 5, 2026 after market close at 5:00 p.m. ET. An investor conference call is scheduled for Wednesday, May 6, 2026 at 9:00 a.m. ET.
Executives Martin L. Juravsky (CFO) and John G. Reid (CEO) will host. Registration, dial-in numbers, replay details, pass code 88037#, and investor contact/unsubscribe instructions are provided for shareholders and analysts.
Russel Metals (OTC: RUSMF) reported 2025 revenue of $4.6 billion, EBITDA of $337 million and EPS of $3.01. Fourth-quarter revenue was $1.094 billion, EBITDA $69 million and EPS $0.55. The company closed the Kloeckner acquisition on Dec 31, 2025, expects ~US$500 million of additional annual revenue contribution, repurchased $86 million of shares, paid $96 million in dividends, and ended the year with net debt to invested capital ~10% and $515 million liquidity.
Russel Metals (OTC: RUSMF) will release its 2025 year-end and fourth-quarter results on Wednesday, February 11, 2026 after market close at 5:00 p.m. ET. An investor conference call to review results will be hosted by CFO Martin L. Juravsky and CEO John G. Reid on Thursday, February 12, 2026 at 9:00 a.m. ET. Shareholders may register for an automated callback via the provided registration link or dial in using Toronto/International and U.S./Canada numbers. A replay is available until midnight, Thursday, February 26, 2026 with pass code 88751#. Investor relations contact details and unsubscribe instructions are provided for notifications.
Russel Metals (TSX: RUSMF) reported Q3 2025 results for the three months ended September 30, 2025: revenues $1,167M, EBITDA $75M and EPS $0.63. Year-to-date metrics include nine-month revenues $3,548M, EBITDA $268.5M and annualized ROIC 16%. The company returned capital via $14M of share buybacks and $24M of dividends in Q3 and reported available liquidity of $600M ($435M pro forma for the announced U.S. acquisition).
Management announced Western Canada rationalization initiatives, binding property sale agreements, and an agreement to acquire seven U.S. service centers for roughly US$118.6M, which would add about US$500M of annual revenues when completed.
Russel Metals (OTC:RUSMF) will release its 2025 third quarter results on Wednesday, November 5, 2025 after market close at 5:00 p.m. ET. An investor conference call to review results will be held on Thursday, November 6, 2025 at 9:00 a.m. ET, hosted by Martin L. Juravsky, EVP & CFO, and John G. Reid, President & CEO.
Investors can register for an automated callback at https://emportal.ink/4nvkgrP or dial 1-416-945-7677 (Toronto/international) or 1-888-699-1199 (U.S./Canada). A replay is available until midnight, Thursday, November 20, 2025 at 1-289-819-1450 or 1-888-660-6345 (passcode 30448#). For IR inquiries or to unsubscribe from call notices, contact info@russelmetals.com or 905-816-5178.