CLEVELAND-CLIFFS INC. (CLF)

Cleveland-Cliffs, Inc. operates as a flat-rolled steel company, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallic and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling. The company was founded in 1847 and is headquartered in Cleveland, OH.

Address

200 PUBLIC SQUARE
CLEVELAND, OH 44114-2315

Founded

1847

Number of Employees

28,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$2,927 - $341 $5,758 $50,710 $266,645 $8,340 $13,824 $255,771 $170,972 $740,700 $151,599
Average Price $20.14 - $5.22 $7.07 $8.66 $10.38 $6.74 $18.51 $19.39 $14.96 $19.35 $15.56
# Shares Purchased 145,328 - 65,350 814,255 5,853,292 25,699,751 1,236,696 746,964 13,193,019 11,426,648 38,273,638 9,745,494
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date -45.4% - 110.7% 55.5% 27.0% 6.0% 63.1% -40.6% -43.3% -26.5% -43.2% -29.3%
S&P 500 Return to Date 181.9% - 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 86.1%
Excess Total Return -227.2% - -57.9% -74.2% -77.9% -87.1% -11.7% -72.2% -80.5% -57.8% -50.6% -115.4%
Quartile Rank
Percentile Rank 19% - 62% 57% 49% 39% 61% 18% 15% 15% 3% 24%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.