Vulcan Materials Company (NYSE: VMC) said a NAFTA arbitration tribunal found that Mexico violated the trade agreement in several respects, but awarded the company only negligible monetary damages.

The tribunal issued its decision in the arbitration, which Vulcan originally filed in 2018. The case centered on Mexico's repudiation of an agreement to unlock a portion of Vulcan's aggregates reserves in the country and the shutdown of the company's quarrying operations there. The decision will remain confidential until it becomes publicly available, in accordance with applicable rules.

Vulcan said it will host its second-quarter earnings conference call at 9:00 a.m. CT on July 29, 2026.