Form 8-K · Current Report · Filed 2024-02-20
Vulcan Materials Company Announces Redemption of Outstanding Notes
On February 20, 2024, Vulcan Materials Company announced the redemption of all $550 million aggregate principal amount of its outstanding 5.800% notes due 2026.
- Filer
- Vulcan Materials Company VMC · NYSE
- Filed
- Accession
- 0001140361-24-008449
- CIK
- 0001396009
- Signal
- Medium impactBasic Materials
- Source
- Official filing on sec.gov ↗
Details
The redemption, scheduled for March 1, 2024, was initiated by mailing a notice to the record holders of the notes by Regions Bank, acting as the trustee and paying agent under the indenture governing the notes.
Items reported
Other Events
Market reaction
Close before filing
$255.15
Next session
-0.7%
Since filing
+5.3%
Latest close
$268.57
What happened, not what will happen — closing prices around the filing date.
About Vulcan Materials Company
Vulcan Materials Company is a leading producer of construction aggregates, which are essential components for constructing infrastructure such as roads, bridges, and buildings. The company primarily focuses on the production and supply of crushed stone, sand, and gravel. Established in 1909 and headquartered in Birmingham, Alabama, Vulcan Materials operates extensive production facilities and distribution networks throughout the United States. The company’s products are critical to the construction and maintenance of public sectors and play a significant role in the development of private and commercial properties. Vulcan Materials also engages in supporting sectors such as asphalt and concrete production. Its position as a major supplier in the construction materials industry underscores its significance in supporting growth and development efforts, particularly in expanding urban and rural infrastructure projects. By providing quality materials that form the backbone of transportation and construction frameworks, Vulcan Materials plays a vital role in shaping sustainable and efficient communities.
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