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0 0 0.0114942528735632 0.0114942528735632 0.0228735632183907 0.0372413793103448 0.027528735632184 0.0181609195402299
Stock impact report

Eagle Materials Announces Results of Strategic Portfolio Review

Eagle Materials Inc (EXP) 
Last eagle materials inc earnings: 2/4 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.eaglematerials.com/investor-relations
Company Research Source: Business Wire
Plans to Separate Heavy Materials and Light Materials Businesses; Reviewing Alternatives for Oil and Gas Proppants DALLAS--(BUSINESS WIRE)-- Eagle Materials Inc. (NYSE: EXP) (“Eagle” or the “Company”) today announced that its Board of Directors has approved a plan to separate its Heavy Materials and Light Materials businesses into two independent, publicly traded corporations by means of a tax-free spin-off to Eagle shareholders. The separation is expected to be completed in the first half of calendar 2020. The Company also announced that it is actively pursuing alternatives for its Oil and Gas Proppants business with the support of an independent financial advisor. Additionally, the Company’s Board will continue to evaluate any opportunity to create value that may arise prior to completion of the separation. Today’s announcement follows a thorough review of strategic, operational Show less Read more
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