started · updated
Amrize completes Rapid Redi-Mix acquisition and lowers 2026 outlook
Amrize has finalized its acquisition of Rapid Redi-Mix in the Dallas–Fort Worth area. This move signals a strategic shift toward growth through acquisitions, particularly within the construction materials sector where regional logistics and production proximity are critical.
Despite the successful transaction, the company has lowered its full-year 2026 forecast, citing persistent cost inflation and higher interest rates as primary headwinds. These economic factors are expected to increase supply chain costs and the expense of financing working capital.
In related financial moves, Amrize has completed a 1 billion US dollar share buyback program, having repurchased 22,446,667 shares. While the buyback is finished, the board of directors intends to cancel these shares. Additionally, the company announced a third-quarter 2026 dividend of 0.11 US dollars per share, payable on November 18, 2026.
Entities
Amrize · D. A. Davidson · Dallas–Fort Worth · Rapid Redi-Mix