secwatch.observer — SEC 8-K summary
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Issuer:     Vulcan Materials CO (VMC)
CIK:        0001396009
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001140361-24-008270
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vulcan Materials Q4 2023 EPS $1.72 (up 89% YoY), Adj EBITDA $476M; guides 2024 Adj EBITDA $2.15-2.30B
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- Q4 EPS $1.72, up 89% YoY; Adjusted EPS $1.46; revenues $1.834B, up 6% YoY.
- Full-year Adj EBITDA $2.011B, up 24% YoY; aggregates cash gross profit per ton $9.92 (+21% YoY).
- 2024 guidance: Adj EBITDA $2.15-2.30B; aggregates price +10-12%; shipments flat to -4%.
- $428M returned to shareholders via $200M buybacks and $228M dividends; debt/Adj EBITDA 1.9x.
- Concrete ops in Texas divested for $485M proceeds; $204M spent on strategic reserve purchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396009/000114036124008270/0001140361-24-008270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396009/000114036124008270/ef20021827_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-008270

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