Welcome to our dedicated page for Titan America news (Ticker: TTAM), a resource for investors and traders seeking the latest updates and insights on Titan America stock.
Titan America SA (NYSE: TTAM) generates frequent news as a vertically integrated producer and supplier of cement and building materials focused on the U.S. East Coast. This page aggregates company announcements, press releases and market updates related to Titan America’s operations across Florida, the Mid‑Atlantic and the Metro New York/New Jersey region.
News coverage for Titan America often centers on financial results, such as quarterly revenue, net income and Adjusted EBITDA reported under IFRS with supplemental non‑IFRS metrics. The company regularly issues press releases and related Form 6‑K filings detailing segment performance in Florida and the Mid‑Atlantic, as well as commentary on demand trends in infrastructure, commercial construction and residential markets.
Investors can also follow capital allocation updates, including distributions of issue premium payments declared by the Board of Directors. These announcements describe per‑share distribution amounts, payment dates and the factors the board considers when authorizing future distributions or dividends.
Titan America’s news flow includes strategic and operational developments. Examples from recent disclosures include the agreement to acquire Keystone Cement Company, a Pennsylvania‑based cement manufacturer and aggregates producer, and the company’s expansion into the precast and prestressed lintel market following Miami‑Dade County product approvals. Additional items may cover participation in industry conferences, regulatory filings and other corporate matters.
By reviewing Titan America news, readers can track how the company manages its cement plants, aggregates and sand mines, ready‑mix concrete and concrete block plants, fly ash production facilities, and logistics network of marine import and rail terminals and distribution hubs. This news page offers a centralized view of Titan America’s ongoing financial reporting, strategic transactions and operational milestones.
Titan America (NYSE: TTAM), a leading vertically-integrated producer of cement and building materials operating across the U.S. East Coast, has scheduled its fourth quarter and full-year 2024 financial results announcement for March 26, 2025, before the NYSE market opening.
The company will host a conference call at 8:00 a.m. ET on the same day to discuss the results. The call will include a slide presentation and will be broadcast live via the Internet through Titan America's website. An audio replay will remain available on the company's website for 30 days following the call.
Titan America SA has successfully completed its Initial Public Offering (IPO) on the New York Stock Exchange under the ticker symbol TTAM. The company offered 24,000,000 common shares at $16.00 per share, comprising 9,000,000 new shares and 15,000,000 existing shares sold by parent company Titan Cement International SA.
Titan America received net proceeds of $136.8 million after deductions, which will fund capital expenditures, technology investments, growth strategies, and strategic acquisitions. Titan Cement International SA received $228 million in net proceeds and retains 87% ownership with 160,362,465 shares.
The IPO was managed by Citigroup and Goldman Sachs as joint lead book-runners, with BofA Securities, BNP Paribas, Jefferies, HSBC, Societe Generale, and Stifel serving as bookrunners.
Titan America has announced the pricing of its Initial Public Offering (IPO) of 24,000,000 common shares at $16.00 per share. The offering comprises 9,000,000 new shares from Titan America and 15,000,000 existing shares from parent company Titan Cement International SA.
Trading will commence on the New York Stock Exchange under ticker symbol TTAM on February 7, 2025, with closing expected on February 10, 2025. Titan America anticipates net proceeds of $136.8 million, earmarked for capital expenditures, growth strategies, and strategic acquisitions. Titan Cement International SA expects to receive $228 million in net proceeds.
Post-IPO, Titan Cement International SA will maintain majority ownership with 87% of total outstanding shares. Citigroup and Goldman Sachs are serving as joint lead book-running managers, alongside several other prominent financial institutions as bookrunners.