Page 7 - Summit Materials News Today

Establishes Annual Summit Records for Revenue and Profitability Record Annual Organic Pricing Growth for Aggregates and Cement DENVER, Feb. 14, 2024 /PRNewswire/ -- Summit Materials, Inc. ,...

Keeley Teton Advisors LLC cut its stake in Summit Materials, Inc. (NYSE:SUM – Free Report) by 42.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,205 shares of the construction company’s stock after selling 15,696 shares during the quarter. […]

Leuthold Group LLC decreased its holdings in shares of Summit Materials, Inc. (NYSE:SUM – Free Report) by 1.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,091 shares of the construction company’s stock after selling 2,085 shares during the quarter. Leuthold […]

Summit Materials, Inc. (NYSE:SUM – Get Free Report) has earned a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have given a buy recommendation to the company. […]

In the biggest shake-up at Holcim since the Swiss company took over French rival Lafarge in 2015, the divestment will likely be completed in the first half of 2025. The spin-off could value the new company at around $30 billion, Jenisch told reporters, with Holcim retaining no stake.

Swiss construction materials giant Holcim Ltd. will separate its North American operations through a listing on the New York Stock Exchange (NYSE), an operation that could value the business at $30 billion, according to Reuters.

Holcim, one of the world's biggest cement makers, plans to spin off its North American operations in a flotation which could value the business at $30 billion.

Miljan Gutovic, currently head of Europe at Holcim, will be appointed as CEO

By John Revill ZURICH (Reuters) - Switzerlands Holcim will spin off 100% of its North American operations in a New York flotation which could value ...

By John Revill ZURICH (Reuters) -Switzerlands Holcim will spin off 100% of its North American operations in a New York flotation which could value the ...