other material
confidence high
sentiment neutral
materiality 0.70
Everus spin-off from MDU Resources effective; record date Oct 21, distribution Oct 31
Everus Construction Group, Inc.
- Registration statement on Form 10 declared effective October 17, 2024.
- MDU Resources to distribute 1 share of Everus common stock for every 4 MDU shares held.
- Record date for distribution is October 21, 2024; distribution expected October 31, 2024.
- When-issued trading of Everus under ECG WI begins October 28; regular-way ECG trading starts November 1.
- Everus will be an independent publicly traded company listed on NYSE.