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Summit Materials Inc (SUM.N)

SUM.N on New York Stock Exchange

29.05USD
18 May 2018
Change (% chg)

$0.01 (+0.03%)
Prev Close
$29.04
Open
$29.07
Day's High
$29.41
Day's Low
$28.92
Volume
430,306
Avg. Vol
257,031
52-wk High
$34.05
52-wk Low
$25.71

Latest Key Developments (Source: Significant Developments)

Prudential Financial Reports 5.3 Pct Passive Stake In Summit Materials
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Summit Materials Inc ::PRUDENTIAL FINANCIAL INC REPORTS 5.3 PERCENT PASSIVE STAKE IN SUMMIT MATERIALS INC AS OF DECEMBER 31, 2017 - SEC FILING.  Full Article

Summit Materials Declares Special Stock Dividend
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Summit Materials Inc ::SUMMIT MATERIALS DECLARES SPECIAL STOCK DIVIDEND.SUMMIT MATERIALS - ‍DECLARED SPECIAL DIVIDEND OF 0.014 SHARES OF CO'S CLASS A STOCK, PAR VALUE $0.01/ SHARE FOR EACH OUTSTANDING SHARE OF CLASS A STOCK​.  Full Article

Summit Materials reports Q3 earnings per share of $0.72
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Summit Materials Inc :Summit Materials Inc reports third quarter 2017 results.Q3 earnings per share $0.72.Q3 earnings per share view $0.83 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.73.Q3 revenue $574.4 million versus I/B/E/S view $568.8 million.Summit Materials Inc - ‍lowering FY17 adjusted EBITDA guidance to a range of $425 million to $435 million due to hurricanes Harvey & Irma​.Summit Materials Inc - ‍is raising full-year 2017 capital spending guidance to a range of $180 million to $190 million​.  Full Article

Summit Materials prices $300 million of senior notes
Thursday, 25 May 2017 

May 24 (Reuters) - Summit Materials Inc :Summit materials announces pricing of $300 million of 5.125% senior notes due 2025.Summit materials inc - units finalized terms of previously announced offering of $300 million aggregate principal amount of 5.125% senior notes due 2025.Summit materials - intends to use proceeds from offering to fund acquisitions and to pay fees and expenses incurred in connection with any such deal.  Full Article

Melvin Capital Management reports 5.06 pct passive stake in Summit Materials - SEC filing
Tuesday, 23 Aug 2016 

Melvin Capital Management LP:Melvin Capital Management LP reports 5.06 pct passive stake in Summit Materials Inc as of Aug. 19 - SEC filing.  Full Article

Summit Materials reports Q2 adjusted earnings per share $0.46
Wednesday, 3 Aug 2016 

Summit Materials Inc : Q2 adjusted earnings per share $0.46 . Q2 earnings per share view $0.47 -- Thomson Reuters I/B/E/S . Q2 revenue $412.6 million versus I/B/E/S view $422.2 million . Quarterly earnings per share $0.21 .Company expects to generate adjusted EBITDA in range of $360.0 million to $370.0 million for FY 2016.  Full Article

Summit Materials announces secondary offering of stock
Thursday, 14 Jul 2016 

Summit Materials Inc : Summit Materials announces secondary offering of common stock .Says offering 12.5 million shares.  Full Article