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U. S. Steel Issues Updated Letter to Stockholders

1. U.S. Steel corrected its previous letter regarding a proxy contest allegation. 2. The error could affect stockholder perceptions and company credibility.

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FAQ

Why Neutral?

The correction mitigates potential misinformation, but overall impact remains limited historically.

How important is it?

While the correction is important, its overall influence on price may be minimal.

Why Short Term?

Immediate impacts may arise from stockholder responses; long-term reputation effects unclear.

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PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation ("U. S. Steel" or the “Company”) (NYSE: X) today issued a revised letter to stockholders, updating and correcting an error inadvertently included in the letter previously issued by the Company on March 24, 2025 (the “Initial Letter”). The Initial Letter included a sentence making allegations regarding a proxy contest previously run by Fred DiSanto, including incorrectly stating that this conduct resulted in a claim by the Securities a.

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