Arcosa (ACA) Initiates, Declares $0.05 Quarterly Dividend; 0.8% Yield
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Arcosa (ACA) Completes ACG Materials Acquisition; Initiates Dividend, Share Buyback
December 6, 2018 4:41 PM ESTArcosa, Inc. (NYSE: ACA) completed the acquisition of ACG Materials, 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 announced acquisition of ACG, a producer of specialty materials and aggregates. The purchase price of approximately $315 million was funded with a combination of cash on-hand and a $180 million borrowing under Arcosas $400 million... More
