Titan America Announces IPO Pricing, Eyes Growth

The latest update is out from Titan Cement International N.V. ( (TTCIF) ).

Titan Cement International SA has announced the pricing of its Belgian subsidiary Titan America’s initial public offering at $16 per share, comprising 24 million shares, to be traded on the NYSE under ‘TTAM.’ The offering is expected to generate significant proceeds for investment in technology and growth strategies, with Titan Cement International retaining a substantial shareholding in Titan America post-IPO.

More about Titan Cement International N.V.

Titan America is a leading company operating in the high economic growth mega-regions of the East Coast of the United States, including Florida, the Mid-Atlantic region, and the Metro New York/New Jersey region. It is a subsidiary of the TITAN Group, a prominent international player in the building materials and infrastructure sector, with operations across 25 countries.

YTD Price Performance: 13.05%

Average Trading Volume: 513

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.42B

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