Summit Materials, INC 8-K filings

Summit Materials has been acquired by Quikrete Holdings, Inc. for $52.50 per share in cash, valuing the company at approximately $11.5 billion including debt.

Summit Materials' stockholders have approved the proposed acquisition by Quikrete Holdings, Inc., paving the way for the company to become a privately held subsidiary.

Summit Materials has released preliminary financial estimates for 2024, showing revenue between $3.9 billion and $3.95 billion and adjusted EBITDA between $999 million and $1.004 billion, while also navigating a pending merger.

Summit Materials is addressing stockholder lawsuits and demand letters related to alleged deficiencies in the proxy statement for its proposed merger with Quikrete Holdings, while reaffirming its expectation to complete the merger in the first quarter of 2025.

Summit Materials has cleared key regulatory hurdles for its merger with Quikrete, with shareholder approval pending.

Summit Materials is accelerating payments of 2024 short-term incentive plan awards and settling unvested restricted stock units for several executives to reduce potential excise taxes related to the pending merger with Quikrete.

Summit Materials has agreed to be acquired by Quikrete for $52.50 per share in cash, valuing the company at approximately $11.5 billion including debt.

Summit Materials, Inc. has amended its bylaws to change its fiscal year from a 52-53 week period to a standard calendar year, effective November 13, 2024.

Summit Materials announced robust third-quarter 2024 results, highlighted by significant revenue growth and improved profitability, despite weather challenges.

Summit Materials announces the departure of Executive Vice President, Chief Strategy and Growth Officer, Kekin M. Ghelani, effective August 22, 2024.

Summit Materials announced a robust second quarter in 2024, marked by significant revenue growth and improved profitability, largely due to the acquisition of Argos USA.

Summit Materials, Inc. has amended its credit agreement, securing lower interest rates on its term loans.

Summit Materials held its 2024 annual meeting where stockholders elected directors, approved executive compensation, and ratified the appointment of KPMG as the independent auditor.

Summit Materials' first quarter of 2024 saw significant revenue growth and margin expansion, fueled by the integration of Argos USA and strong pricing.

Summit Materials finalizes its acquisition of Argos North America for approximately $3.2 billion, integrating significant cement and ready-mix concrete assets.

Summit Materials, Inc. released an investor presentation on March 13, 2024, reiterating its 2024 outlook and providing updates on the integration with Argos North America Corp.

Summit Materials achieved record annual revenue and profitability in 2023, driven by strong pricing and strategic acquisitions, and completed the acquisition of Argos USA.

Summit Materials, Inc. is set to acquire Argos North America Corp. in a transaction valued at approximately $3.2 billion, combining cash and stock.

Summit Materials has completed its $3.2 billion acquisition of Argos USA, establishing a dominant national platform in the construction materials industry.

Summit Materials' shareholders have overwhelmingly approved the acquisition of Argos USA, paving the way for the creation of the fourth-largest cement platform in the United States.