Vulcan Materials Company (VMC) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Vulcan Materials Company has decided to redeem its entire $550 million 5.800% notes due in 2026, with the redemption process set to take place on March 1, 2024. Notice of this financial move was sent to note holders by Regions Bank, the trustee and paying agent, signaling a significant step in the company’s financial strategy.
For further insights into VMC stock, check out TipRanks’ Stock Analysis page.