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United States Steel Approves Key Amendments at Annual Meeting

Story Highlights
  • United States Steel held its Annual Meeting on May 6, 2025, approving key amendments and electing directors.
  • The company increased its stock issuance and ratified PricewaterhouseCoopers as its accounting firm.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

United States Steel ( (X) ) just unveiled an update.

On May 6, 2025, United States Steel Corporation held its Annual Meeting of Stockholders, where several key decisions were made. The stockholders approved the amendment of the company’s Certificate of Incorporation to allow for limited officer exculpation and elected ten directors for a term expiring in 2026. Additionally, the amendment and restatement of the 2016 Omnibus Incentive Compensation Plan were approved, increasing the shares of common stock issuable by 9,730,000. The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2024 was also ratified.

Spark’s Take on X Stock

According to Spark, TipRanks’ AI Analyst, X is a Neutral.

United States Steel’s overall score reflects solid equity and moderate technical indicators, but operational challenges and valuation concerns weigh negatively. The blocked merger adds strategic uncertainty, necessitating caution for investors.

To see Spark’s full report on X stock, click here.

More about United States Steel

United States Steel Corporation operates in the steel industry, focusing on producing and selling steel products. It is a key player in the market, providing essential materials for various sectors, including construction and manufacturing.

Average Trading Volume: 6,357,966

Technical Sentiment Signal: Strong Buy

Current Market Cap: $9.18B

Find detailed analytics on X stock on TipRanks’ Stock Analysis page.

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