Vulcan Materials Company (VMC) has released an update.
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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.