United States Steel Corporation (NYSE:X) Files An 8-K Other Events
Item 8.01 Other Events

On November 1, 2018, United States Steel Corporation (the “Corporation”) announced that on December 3, 2018, the next business day following the redemption date, it will redeem for cash approximately $356 million aggregate principal amount of its outstanding 7.375% Senior Notes due in 2020 at the redemption price of 50% of the principal amount thereof, plus a make-whole premium to be calculated as set forth in the applicable notice of redemption, plus accrued and unpaid interest, if any, to, but not including, the redemption date.

Additionally, on November 1, 2018, the Corporation announced that its Board of Directors has authorized a stock repurchase program under which up to $300 million of the Corporation’s outstanding common stock may be acquired over the next two years at the discretion of management.

The full text of the press release announcing the foregoing is filed herewith as Exhibit99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

This Current Report on Form 8-K contains certain information that may constitute forward-looking statements within the meaning of Section 27 of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in those sections. All statements other than statements of historical fact are forward-looking statements. Generally, we have identified such, forward-looking statements by using the words "believe," "expect," "intend, " "estimate," "anticipate, " "project, ""target, " "forecast," "aim, " "should," "will," and similar expressions or by using future dates in connection with any discussion of, among other things, trends, events or developments that we expect or anticipate will occur in the future. However, the absence of these words and similar expressions does not mean that a statement is not forward-looking. Forward-looking statements are not historical facts, but instead represent only the Corporation's beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside the Corporation's control. It is possible that the Corporation's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements.

Management believes that these forward-looking statements are reasonable as of the time made. However, caution should be taken not to place undue reliance on any such forward-looking statement because such statements speak only as of the date when made. The Corporation undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the Corporation's historical experience

and our present expectations or projections. These risks and uncertainties include those described in our Annual Report on Form 10-K for the year ended December 31, 2017, our Quarterly Report on Form 10-Q for the period ended June 30, 2018, and those described from time to time in our future reports filed with the Securities and Exchange Commission.

UNITED STATES STEEL CORP Exhibit
EX-99.1 2 a2018-033xunitedstatesstee.htm EXHIBIT 99.1 Exhibit CONTACTS:Media             Analysts/Investors             Meghan CoxT – (412) 433-6777E – [email protected] Dan LesnakT – (412) 433-1184E – [email protected]©2018 U. S. Steel. All Rights ReservedFOR IMMEDIATE RELEASEUNITED STATES STEEL ANNOUNCES $300 MILLION SHARE REPURCHASE AUTHORIZATION AND REDEMPTION OF 2020 SENIOR NOTESPITTSBURGH,…
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About United States Steel Corporation (NYSE:X)

United States Steel Corporation (U. S. Steel) is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). The Flat-Rolled segment includes the operating results of U. S. Steel’s integrated steel plants and equity investees in the United States involved in the production of slabs, rounds, strip mill plates, sheets and tin mill products, as well as all iron ore and coke production facilities in the United States. The USSE segment includes the operating results of U. S. Steel Kosice (USSK), U. S. Steel’s integrated steel plant and coke production facilities in Slovakia. The Tubular segment includes the operating results of U. S. Steel’s tubular production facilities, primarily in the United States, and equity investees in the United States and Brazil.