Welcome to our dedicated page for Worthington Steel news (Ticker: WS), a resource for investors and traders seeking the latest updates and insights on Worthington Steel stock.
Worthington Steel, Inc. reports company news centered on value-added steel processing, quarterly and annual operating results, dividends, conference calls and corporate updates. Its business updates describe carbon flat-rolled steel processing, electrical steel laminations, tailor welded products and related capabilities such as galvanizing, pickling, configured blanking, specialty cold reduction and lightweighting.
Worthington Steel news also includes disclosures about material agreements, capital-structure matters and shareholder-related developments when they affect the company’s public reporting. The recurring news record reflects a NYSE-listed Ohio company with steel-processing operations across the United States and international markets.
Sky Harbour (NYSE:WS) reported record operational progress for 2025, with consolidated revenues up 87% YoY, constructed or in-construction assets exceeding $328 million, and consolidated net cash used in operating activities reduced to $2.3 million from $9.1 million in 2024. The company met its guidance of operating cash-flow/adjusted EBITDA run-rate breakeven by year-end 2025.
Obligated Group revenues rose 49% and net cash provided by operations reached $15.7 million. Liquidity included $48 million cash and Treasuries and a $200 million JP Morgan facility; Sky Harbour closed a $150 million 2026 Series Bond at 6.00%.
Southland Holdings (NYSE American: SLND, WS) will release fourth quarter and full year 2025 results on Thursday, March 26, 2026 after market close. The company will host a conference call at 10:00 a.m. ET on Friday, March 27, 2026.
Investors may access the call via Southland’s website and a replay will be posted afterward.
Sky Harbour (NYSE:WS) will release its Full Year 2025 financial results and file its annual report on Form 10-K after market close on March 19, 2026. The company will host a public investor webcast and audio conference call at 5:00 pm ET that day to review results and provide a business update.
The webcast will be available in the Upcoming Events section of the company’s investor relations website and a replay will be posted afterwards. Contact investor relations at investors@skyharbour.group for questions.
Worthington Steel (NYSE: WS) lowered the mandatory minimum acceptance threshold for its voluntary all-cash takeover offer for Kloeckner & Co SE to 57.5% and published an Offer Amendment. The acceptance period, previously expiring March 12, 2026, now expires March 26, 2026.
As of March 9, 2026, Worthington Steel had secured approximately 56.9% of Kloeckner's issued share capital. The offer remains €11.00 per share in cash, representing a 98% premium to the undisturbed three-month VWAP on December 5, 2025. Consummation is subject to meeting the revised minimum acceptance threshold.
Worthington Steel (NYSE: WS) will report fiscal third quarter results after market close on Wednesday, March 25, 2026 and will host a conference call at 8:30 a.m. ET on Thursday, March 26, 2026.
A live webcast will be available in the Investor Relations section at www.WorthingtonSteel.com, and the archive will remain available for one year. Registration is required for the live conference call.
Worthington Steel (NYSE: WS) announced the start of the acceptance period for a voluntary all-cash tender offer to buy all outstanding shares of Kloeckner & Co SE at €11.00 per share. The acceptance period runs from Feb 5, 2026 to Mar 12, 2026. The Offer Price implies an approximately 98% premium to the undisturbed three-month VWAP on Dec 5, 2025 and ~81% premium to the Dec 5 closing price. The offer is subject to a 65% minimum acceptance threshold, customary closing conditions, and may allow eligible shareholders to receive up to €0.20 per share as a 2025 dividend if approved.
Sky Harbour (NYSE:WS) priced its Series 2026 Aviation Facilities Project bonds at a 6.0% yield and 6.0% coupon, upsized to $150 million from $100 million after ~$450 million of orders from 18 institutional investors. The bonds carry a mandatory tender on Jan 1, 2031 and are expected to issue on or about Feb 12, 2026.
Proceeds plus a $200 million committed J.P. Morgan drawdown facility (expandable to $300 million) are intended to fund construction of over 1.2 million rentable sq ft of new hangar capacity and bring the funded/constructed portfolio to over 2.3 million rentable sq ft.
Worthington Steel (NYSE: WS) agreed to acquire Kloeckner & Co (XETR: KCO) via a voluntary cash tender offer at €11 per share, creating a combined metals processing platform with ~$9.5 billion of pro forma revenue. The offer implies an enterprise value of €2.4 billion and EV/EBITDA of ~8.5x (5.5x with €150M run‑rate synergies). Worthington expects $150M annual synergies, substantial EPS accretion in the first full year, pro forma net leverage of ~4.0x, and a target to reduce leverage below 2.5x within 24 months. Closing expected H2 2026, subject to ≥65% acceptance and regulatory approvals.
Sky Harbour (NYSE:WS) filed a Preliminary Limited Offering Memorandum for a proposed $100 million tax-exempt, 5-year bond issue (Series 2026 Bonds) to finance hangar campus development, with pricing targeted the week of Jan 26 after a two-week marketing period. SKYH Capital II drew approximately $13 million under its JPMorgan warehouse facility to reimburse prior capital expenditures, issuance costs, and reserves. The company amended its JPM Facility and entered a floating-to-fixed swap at a 4.73% fixed rate; the JPM Facility has $200 million capacity (expandable to $300 million).
Leasing updates: recent occupancies — ADS 87%, DVT 73%, APA 27%; an ultra-long 15-year tenant lease produced a $5.9 million upfront payment. Proceeds and facility capacity are expected to fund ~1.1M rentable sq ft of new hangars.
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