Arcosa (ACA) Initiates, Declares $0.05 Quarterly Dividend; 0.8% Yield

Arcosa, Inc. Announces Completion of ACG Materials Acquisition, Initiation of Quarterly Dividend, and Establishment of Share Repurchase Authorization

ACG Materials Acquisition Adds Specialty Materials and Aggregates Platforms Serving Attractive Infrastructure Markets Dividend and Share Repurchase Authorization Add Key Elements of Capital Allocation Strategy

DALLAS--(BUSINESS WIRE)-- Arcosa, Inc. (NYSE: ACA) (Arcosa or the Company), a provider of infrastructure-related products and solutions, today announced that it has completed the acquisition of ACG Materials (ACG), and that its Board of Directors has approved the initiation of a cash dividend and the establishment of a share repurchase authorization.

On December 5th, Arcosa completed the previously... More

H.I.G. Capital Announces the Sale of ACG Materials

MIAMI--(BUSINESS WIRE)-- H.I.G. Capital (H.I.G.), a leading global private equity investment firm with $30 billion of equity capital under management, is pleased to announce the sale of its portfolio company, ACG Materials (ACG or the Company) for approximately $315 million, to Arcosa, Inc. (NYSE: ACA) (Arcosa), a manufacturer of infrastructure-related products and services.

ACG Materials, based in Norman, Oklahoma, mines, processes, and distributes industrial minerals and aggregates including gypsum, anhydrite, limestone, sand, gravel, basalt and downstream food, pharmaceutical, prill and plaster products across a diverse set of end markets including building products, energy, infrastructure, and... More