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Summit Materials

52.49

+0.0000

Volume:- -

Turnover:- -

Market Cap:9.23B

PE:57.24

High:52.49

Open:52.49

Low:52.49

Close:52.49

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Overview Company News Filings

Summit Materials Inc : RBC Raises to Outperform From Sector Perform; Raises Target Price to $53 From $45

THOMSON REUTERS

RBC upgraded Summit Materials to Outperform on potential for takeout

Summit Materials upgraded to Outperform from Sector Perform at RBC Capital

Quikrete could offer ‘low-to-mid $50’ price for Summit Materials, says Barclays

Deals of the day-Mergers and acquisitions

Summit Materials Gets Buyout Proposal; Quikrete Reportedly Interested

Summit Materials Discloses Acquisition Bid

MT Newswires Live

BRIEF-Summit Materials Discloses Receipt Of A Non-Binding Acquisition Proposal

Summit Materials discloses receipt of non-binding acquisition proposal

Summit Materials Discloses Receipt of a Non-Binding Acquisition Proposal

THOMSON REUTERS

Press Release: Summit Materials Discloses Receipt of a Non-Binding Acquisition Proposal

Market Chatter: Summit Materials Approached by Quikrete for Potential Takeover

MT Newswires Live

Summit Materials Shares up 7.1% After Resuming Trading; Reuters Reports Quikrete in Talks to Acquire Summit Materials

THOMSON REUTERS

Quikrete Makes Takeover Approach for Summit Materials - Bloomberg News

THOMSON REUTERS

Quikrete Is in Talks to Acquire Summit Materials, Sources Say

THOMSON REUTERS

Summit Materials jumps after Bloomberg says Quikrete made takeover approach

Summit Materials trading resumes

Summit Materials soars on report of Quikrete takeover approach

Summit Materials trading halted, volatility trading pause

Summit Materials approached about takeover by Quikrete, Bloomberg says

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TA","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AGR","BK4558","LU0310800965.SGD","LU0320765489.SGD","IE00BMG7P819.SGD","LU0128525689.USD","SUM","IE00BD4GTW91.USD","HMC.AU","BK4202","BK4559","LU0162691827.USD","LU0211331839.USD","LU0006061336.USD","IE00BMG7P926.USD","BK4081","LU1267930227.SGD","CPRI","LU1699723380.USD","D","IE00BZ18W456.USD","IE00BZ18W340.USD","IE00BMQBXF63.USD","LU0070302665.USD","LU0208291251.USD","IE00B3T34201.USD","LU0274383776.USD","BK4588","TPR","IE00BD4GTV84.USD","IE00B29SXL02.USD","IE00BMG7P587.USD","BK7005","LU0072461881.USD","IE00BD4GTT62.SGD","BK7062","BK4516","BK7162","LU1571399168.USD","LU0052756011.USD","BK4212","BK4011","BK4504","KHC","BK4520","BK4208","BK4566","IE00BMG7P702.HKD","BK4585","IE00B29SXK94.USD"],"gpt_icon":0},{"id":"2478601572","title":"Summit Materials Gets Buyout Proposal; Quikrete Reportedly Interested","url":"https://stock-news.laohu8.com/highlight/detail?id=2478601572","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478601572?lang=en_us&edition=fundamental","pubTime":"2024-10-25 17:58","pubTimestamp":1729850280,"startTime":"0","endTime":"0","summary":"Summit Materials shares moved higher in premarket trading Friday after the producer of aggregates and cement said it has received a non-binding acquisition proposal.Summit late Thursday said it has held initial talks with the interested party, which the Denver company didn't identify.Bloomberg on Thursday reported that privately held building-materials maker Quikrete Holdings has approached Summit about a potential takeover, with a per-share price in the \"low 50s,\" according to people familiar with the matter.Summit sports a market capitalization topping $7 billion after a 6.6% rise in its share price to $43.29 during Thursday's session following the Bloomberg report.The company said its board will carefully evaluate the proposal in consultation with advisers Morgan Stanley and Evercore.Shares of Summit were recently up 1.3% in light premarket trading Friday.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0971096721.USD","IE00BKVL7J92.USD","BK4581","LU1548497426.USD","BK4127","LU1074936037.SGD","LU1989772840.SGD","IE00BZ1G4Q59.USD","LU1720051108.HKD","LU1363072403.SGD","BK4534","LU0314104364.USD","LU2357305700.SGD","BK4588","LU1989772923.USD","BK4544","LU1668664300.SGD","BK4504","BK4585","LU0106831901.USD","BK4520","BK4011","ARKG","LU0225283273.USD","LU0267386448.USD","LU1162221912.USD","LU0320765646.SGD","SUM","LU0274383776.USD","LU0098860793.USD","LU1720051017.SGD"],"gpt_icon":0},{"id":"2478677343","title":"Summit Materials Discloses Acquisition Bid","url":"https://stock-news.laohu8.com/highlight/detail?id=2478677343","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478677343?lang=en_us&edition=fundamental","pubTime":"2024-10-25 16:24","pubTimestamp":1729844645,"startTime":"0","endTime":"0","summary":"Summit Materials  said late Thursday it has received a non-binding acquisition proposal and held initial discussions with the interested party.The company said its board will \"carefully evaluate the proposal to determine the course of action it believes is in the best interests of the company and its shareholders.\"The company did not disclose the interested party's name, but Bloomberg reported earlier Thursday, citing people familiar with the situation, that Summit has been approached by Quikrete Holdings with a possible takeover offer.Price: 43.65, Change: +0.36, Percent Change: 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  :   * SUMMIT MATERIALS DISCLOSES RECEIPT OF A NON-BINDING ACQUISITION PROPOSAL   * SUMMIT MATERIALS INC - BOARD TO EVALUATE ACQUISITION PROPOSALSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0274383776.USD","BK4585","BK4520","BK4588","SUM","BK4011","ARKG","BK4544"],"gpt_icon":0},{"id":"2478461218","title":"Summit Materials discloses receipt of non-binding acquisition proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2478461218","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478461218?lang=en_us&edition=fundamental","pubTime":"2024-10-25 08:51","pubTimestamp":1729817466,"startTime":"0","endTime":"0","summary":"Summit Materials (SUM) “disclosed that it has received a non-binding acquisition proposal. The Company has held initial discussions with the intere...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/summit-materials-discloses-receipt-of-non-binding-acquisition-proposal?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/summit-materials-discloses-receipt-of-non-binding-acquisition-proposal?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0274383776.USD","BK4585","BK4520","SUM","BK4588","ARKG","BK4011","BK4544"],"gpt_icon":0},{"id":"2478149676","title":"Summit Materials Discloses Receipt of a Non-Binding Acquisition Proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2478149676","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478149676?lang=en_us&edition=fundamental","pubTime":"2024-10-25 08:46","pubTimestamp":1729817188,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241025:nTUA9HGMX5:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4011","BK4520","LU0274383776.USD","SUM"],"gpt_icon":0},{"id":"2478614946","title":"Press Release: Summit Materials Discloses Receipt of a Non-Binding Acquisition Proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2478614946","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478614946?lang=en_us&edition=fundamental","pubTime":"2024-10-25 08:46","pubTimestamp":1729817160,"startTime":"0","endTime":"0","summary":"DENVER, Oct. 24, 2024 /PRNewswire/ -- Summit Materials, Inc.   today disclosed that it has received a non-binding acquisition proposal.The Company has held initial discussions with the interested party, and, in consultation with its advisors, Summit's Board of Directors will carefully evaluate the proposal to determine the course of action it believes is in the best interests of the Company and its shareholders.There can be no assurance that any definitive agreement will be reached. Summit does not plan to provide any updates with respect to this matter, except as required under applicable law.Summit Materials is a market-leading producer of aggregates and cement with vertically integrated operations that supply ready-mix concrete and asphalt in select markets. Summit is a geographically diverse, materials-led business of scale that offers customers in the United States and British Columbia, Canada high quality products and services for the public infrastructure, residential and non-re","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ARKG","SUM","BK4520","BK4127","BK4544","LU0971096721.USD","LU1162221912.USD","BK4534","LU1074936037.SGD","BK4011","LU1668664300.SGD","LU1363072403.SGD","IE00BZ1G4Q59.USD","BK4504","LU1989772923.USD","IE00BKVL7J92.USD","LU0106831901.USD","LU1989772840.SGD","BK4588","BK4585","BK4581","LU0267386448.USD","LU0225283273.USD","LU0098860793.USD","LU1720051108.HKD","LU0314104364.USD","LU0274383776.USD","LU0320765646.SGD","LU1548497426.USD","LU1720051017.SGD","LU2357305700.SGD"],"gpt_icon":0},{"id":"2478660473","title":"Market Chatter: Summit Materials Approached by Quikrete for Potential Takeover","url":"https://stock-news.laohu8.com/highlight/detail?id=2478660473","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2478660473?lang=en_us&edition=fundamental","pubTime":"2024-10-25 04:05","pubTimestamp":1729800339,"startTime":"0","endTime":"0","summary":"Summit Materials  has been approached by Quikrete Holdings with a possible takeover offer, Bloomberg reported Thursday, citing people familiar with the situation.Quikrete is working with advisers to pursue a bid that may or may not lead to a deal, the people told Bloomberg.Neither companies immediately responded to MT Newswires' request for comment.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ARKG","SUM","BK4585","LU0274383776.USD","BK4011","BK4544","BK4588","BK7095","BK4520","SUM.AU"],"gpt_icon":0},{"id":"2478667461","title":"Summit Materials Shares up 7.1% After Resuming Trading; 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