Commercial Metals Targets $100M Run Rate Boost and Accelerated Buybacks

Key Facts

1Commercial Metals is targeting an additional $100 million TAG run rate by the end of fiscal 2027.

2The company announced plans to accelerate the pace of its share buybacks.

Commercial Metals Company is targeting an additional $100 million TAG run rate for its Technology Solutions Group by the end of fiscal 2027. Reuters reported that the company also announced plans to accelerate the pace of its share buybacks as part of a commitment to increase capital returns to shareholders.

The strategic update follows a strong fourth-quarter performance, with CMC shares closing at $65.29 on October 14, 2026. During that session, the stock reached a high of $65.52 and a low of $64, as the company moves to enhance profitability and shareholder value through its operational growth targets.