Articles from Granite Construction Incorporated

Granite Construction Incorporated (NYSEGVA) will release financial results for the quarter ended December 31, 2024, before market opens on Thursday, February 13, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 13, 2025.

Granite Construction Incorporated (NYSEGVA) today announced results for the quarter ended September 30, 2024.

Granite Construction Incorporated (NYSEGVA) will release financial results for the quarter ended September 30, 2024, before market opens on Thursday, October 31, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 31, 2024.

Dr. Patricia D. Galloway, a member of Granite’s (NYSEGVA) Board of Directors died on September 26, 2024. A valued and respected director since June 2017, Dr. Galloway was a member of the Board’s Nominating and Corporate Governance and Compensation Committees.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on October 15, 2024, to all shareholders of record at the close of business on September 30, 2024.

Granite Construction Incorporated (NYSEGVA) today announced it has completed the acquisition of Dickerson & Bowen, Inc. (“D&B”), a leading regional aggregates, asphalt, and highway construction company serving central and southern Mississippi. The acquisition is a highly complementary bolt-on to the company’s 2023 acquisition of Lehman-Roberts Company / Memphis Stone & Gravel (LRC / MSG), and it builds on Granite’s footprint in the Southeast serving as a growth platform in the attractive Memphis metropolitan and Mississippi markets.

Granite Construction Incorporated (NYSEGVA) today announced results for the quarter ended June 30, 2024 and the agreement to acquire Dickerson & Bowen, Inc., subject to customary closing conditions.

Granite Construction Incorporated (NYSEGVA) will release financial results for the quarter ended June 30, 2024, before market opens on Thursday, August 1, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, August 1, 2024.

Granite (NYSEGVA) has been awarded an approximately $15 million contract by the California Department of Transportation (Caltrans) to rehabilitate pavement along State Route 41 (SR41) near Stratford, California. Project funding comes from Caltrans and will be included in Granite’s second-quarter CAP.

Granite Construction Incorporated (NYSEGVA) (“Granite”) today announced that it has closed its offering of $373.75 million aggregate principal amount of 3.25% Convertible Senior Notes due 2030 (the “Convertible Notes”) for gross proceeds of $373.75 million. The proceeds include the full exercise of the option by the initial purchasers to purchase an additional $48.75 million aggregate principal amount of the Convertible Notes granted by Granite to the initial purchasers. The Convertible Notes were sold in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

Granite Construction Incorporated (NYSEGVA) (“Granite”) today announced the pricing of its previously announced offering of $325 million aggregate principal amount of 3.25% Convertible Senior Notes due 2030 (the “Convertible Notes”). In connection with the offering of the Convertible Notes, Granite granted the initial purchasers of the Convertible Notes the right to purchase up to an additional $48.75 million aggregate principal amount of Convertible Notes. The sale of the Convertible Notes is expected to close on June 11, 2024, subject to customary closing conditions.

Granite Construction Incorporated (NYSEGVA) (“Granite”) today announced that it intends to offer, subject to market and other conditions, $325 million in aggregate principal amount of convertible senior notes due 2030 (the “Convertible Notes”). In connection with the offering of the Convertible Notes, Granite expects to grant the initial purchasers of the Convertible Notes an option to purchase up to an additional $48.75 million aggregate principal amount of Convertible Notes.

Granite Construction Incorporated (NYSEGVA) (“Granite”) today announced that it has called all of its outstanding 2.75% convertible senior notes due 2024 (the “Convertible Notes”) (CUSIP No. 387328 AB3) for redemption on August 19, 2024 (the “Redemption Date”).

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on July 15, 2024, to all shareholders of record at the close of business on June 28, 2024.

Granite (NYSEGVA) has been awarded a $25 million contract by McDonald Property Group to retrofit offsite infrastructure at the east end of the runway of the Ontario International Airport. The project was included in Granite’s first-quarter CAP.

Granite Construction Incorporated (NYSEGVA) today announced results for the quarter ended March 31, 2024.

Granite Construction Incorporated (NYSEGVA) will release financial results for the quarter ended March 31, 2024, before market opens on Thursday, May 2, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, May 2, 2024.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on April 15, 2024, to all shareholders of record at the close of business on March 28, 2024.

Granite Construction Incorporated (NYSEGVA) today announced results for the quarter and year ended December 31, 2023.

Granite Construction Incorporated (NYSEGVA) will release financial results for the quarter and fiscal year ended December 31, 2023, before market opens on Thursday, February 22, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 22, 2024.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 12, 2024, to all shareholders of record at the close of business on December 29, 2023.

Granite Construction Incorporated (NYSEGVA) today announced the acquisition of Lehman-Roberts Company (“LRC”) and Memphis Stone & Gravel Company (“MSG”), longstanding asphalt paving and asphalt and aggregates producers and suppliers. This acquisition expands Granite’s footprint and creates a new growth platform for Granite in the attractive Memphis metropolitan market. LRC operates seven strategically located asphalt plants serving the greater Memphis area and northern Mississippi. MSG operates three sand and gravel mines, with an additional mine under construction. MSG has exclusive rights to an estimated 57 million tons of proven and probable reserves and 24 million tons of measured and indicated reserves. The companies’ senior leadership team, led by Pat Nelson, will remain in place to manage and develop the business as part of the Granite group of companies.

Granite (NYSEGVA) announced today that it has been awarded an approximately $12 million dollar contract by the Tucson Airport Authority (TAA) as part of the TAA’s estimated $400 million, multi-year Airfield Safety Enhancement Program at Tucson International Airport (TUS). This will be the third Guaranteed Maximum Price (GMP 3) work package awarded as part of TAA’s previously announced $130 million multi-year Construction Manager at Risk (CMAR) project. The majority of funding will come from the Federal Aviation Administration (FAA) through the Airport Improvement Program, and the TAA will provide the requisite matching share.

Granite (NYSEGVA) is pleased to announce its participation in a series of upcoming investor events where senior management will meet with investors. Management will use a presentation during meetings that will be posted to our website before market on November 10, 2023.

Granite Construction Incorporated (NYSEGVA) will release third quarter financial results on Tuesday, October 31, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Tuesday, October 31, 2023.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on October 13, 2023, to all shareholders of record at the close of business on September 29, 2023.

Granite Construction Incorporated (NYSEGVA) today announced results for the quarter ended June 30, 2023.

Granite (NYSEGVA) has been awarded an approximately $23 million contract by the California Department of Transportation (Caltrans) to upgrade Highway 101 in Mendocino, California. Project funding will come from the Federal Highway Administration (FHWA) and is expected to be included in Granite’s second quarter CAP.

Granite Construction Incorporated (NYSEGVA) will release second quarter financial results on Thursday, July 27, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, July 27, 2023.

Granite (NYSEGVA) Sustainability Manager Raven Adams was recognized by the UN Global Compact Network USA (Network USA) as a 2023 USA SDG Pioneer — a business leader who is championing the Sustainable Development Goals (SDGs) and inspiring others to advance the 2030 Agenda for Sustainable Development. Raven was chosen from a network of more than 1,000 entities from across the US.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on July 14, 2023, to all shareholders of record at the close of business on June 30, 2023.

Granite (NYSEGVA) was awarded an approximately $29 million contract by the California Department of Transportation (Caltrans) to widen a section of Highway 1 in Santa Cruz, California. The project is funded by the Santa Cruz County Regional Transportation Commission (SCCRTC), with Local Measure D-Highway Corridor funds, Senate Bill 1 grants, as well as other SCCRTC discretionary funds used to complete the work necessary to ready the project for construction. The project was included in Granite’s 2022 fourth-quarter CAP.

Granite Construction Incorporated (NYSEGVA) (“Granite”) today announced that it has closed its offering of $373.75 million aggregate principal amount of 3.75% Convertible Senior Notes due 2028 (the “Convertible Notes”) for gross proceeds of $373.75 million. The proceeds include the full exercise of the option by the initial purchasers to purchase an additional $48.75 million aggregate principal amount of the Convertible Notes granted by Granite to the initial purchasers. The Convertible Notes were sold in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

Granite Construction Incorporated (NYSEGVA) (“Granite”) today announced the pricing of its previously announced offering of $325 million aggregate principal amount of 3.75% Convertible Senior Notes due 2028 (the “Convertible Notes”). In connection with the offering of the Convertible Notes, Granite granted the initial purchasers of the Convertible Notes the right to purchase up to an additional $48.75 million aggregate principal amount of Convertible Notes. The sale of the Convertible Notes is expected to close on May 11, 2023, subject to customary closing conditions.

Granite Construction Incorporated (NYSEGVA) (“Granite”) today announced that it intends to offer, subject to market and other conditions, $325 million in aggregate principal amount of convertible senior notes due 2028 (the “Convertible Notes”). In connection with the offering of the Convertible Notes, Granite expects to grant the initial purchasers of the Convertible Notes an option to purchase up to an additional $48.75 million aggregate principal amount of Convertible Notes.

Granite Construction Incorporated (NYSEGVA) today announced results for the quarter ended March 31, 2023.

Granite Construction Incorporated (NYSEGVA) will release first quarter financial results on Tuesday, May 2, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Tuesday, May 2, 2023.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on April 14, 2023, to all shareholders of record at the close of business on March 31, 2023.

Granite Construction Incorporated (NYSEGVA) today announced results for the fourth quarter and year ended December 31, 2022.

Granite Construction Incorporated (NYSEGVA) will release fourth quarter and 2022 fiscal year financial results on Thursday, February 16, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 16, 2023.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 13, 2022, to all shareholders of record at the close of business on December 30, 2022.

Granite Construction Incorporated (NYSEGVA) announced that Kyle Larkin, Granite President and Chief Executive Officer, will present at the Baird 2022 Global Industrial Conference in Chicago, Illinois, on November 10, 2022 at 8:30AM Central Time. Mr. Larkin with meet with investors following the presentation. The presentation slides will be posted on the Company’s Investor Relations website at 8:00AM Central Time on November 10, 2022.

Granite Construction Incorporated (NYSEGVA) today announced results for the quarter ended September 30, 2022.

Granite Construction Incorporated (NYSEGVA) will release third quarter financial results on Thursday, October 27, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 27, 2022.

Granite Construction Incorporated (NYSEGVA) today announced its decision to retain the Water Resources and Mineral Services businesses that were previously classified as held for sale and reported in discontinued operations. The financial results for these businesses will be reported within continuing operations, and their assets and liabilities will no longer be classified as held for sale. A Form 8-K with segment information for each of the previously reported 2022 and 2021 quarterly periods and for the years ended 2021 and 2020 will be filed with the Securities and Exchange Commission prior to our third quarter Form 10-Q filing.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on October 14, 2022, to all shareholders of record at the close of business on September 30, 2022.

Granite Construction Incorporated (NYSEGVA) today announced results for the quarter ended June 30, 2022.

Granite Construction Incorporated (NYSEGVA) will release second quarter financial results on Thursday, July 28, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, July 28, 2022.

Centennial Asphalt Company, a wholly owned subsidiary of Granite Construction Incorporated (NYSEGVA), has completed the purchase of a liquid asphalt terminal. The facility, located in Bakersfield, California, provides 170,000 barrels of liquid asphalt storage.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on July 15, 2022 to all shareholders of record at the close of business on June 30, 2022.

Granite Construction Incorporated (NYSEGVA) today announced that it has entered into an agreement to repurchase $50 million of its common stock in an accelerated share repurchase (“ASR”) transaction with Bank of Montreal (“BMO”). Granite is expected to fund the ASR using available cash on hand.

Granite Construction Incorporated (NYSEGVA) today announced results for the quarter ended March 31, 2022.

Granite Construction Incorporated (NYSEGVA) will release first quarter financial results on Thursday, April 28, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, April 28, 2022.

Granite Construction Incorporated (NYSEGVA) today announced the close of the sale of its trenchless and pipe rehabilitation services business (“Inliner”) to Inland Pipe Rehabilitation, a portfolio company of investment affiliates of J.F. Lehman & Company for a purchase price of $159.7 million.

Granite Construction Incorporated (NYSEGVA) today announced results for the fourth quarter and year ended December 31, 2021.

Granite Construction Incorporated (NYSEGVA) will release fourth quarter and annual 2021 financial results on Friday, February 25, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Friday, February 25, 2022.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on April 14, 2022 to all shareholders of record at the close of business on March 31, 2022.

Granite Construction Incorporated (NYSEGVA) today announced several actions designed to position the Company to focus on efficiently growing its core civil construction and materials business.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 14, 2022 to all shareholders of record at the close of business on December 31, 2021.

Granite Construction Incorporated (NYSEGVA) today announced results for the third quarter ended September 30, 2021.

Granite Construction Incorporated (NYSEGVA) will release third quarter 2021 financial results on Thursday, October 28, 2021, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 28, 2021.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on October 15, 2021 to all shareholders of record at the close of business on September 30, 2021.

Granite Construction Incorporated (NYSEGVA) today announced results for the second quarter ended June 30, 2021.

Granite Construction Incorporated (NYSEGVA) announced that Kyle Larkin, Granite’s president and chief executive officer, will participate in a virtual fireside chat hosted by Vertical Research Partners analyst Michael Dudas on June 16, 2021 at approximately 2:00 p.m. ET. This fireside chat will be available to Vertical Research Partners clients.

Granite Construction has joined the growing coalition pledging to advance diversity and inclusion in the workplace. One of nearly 2,000 CEOs that have come together for CEO Action for Diversity & Inclusion™, Kyle Larkin is committing himself and Granite to advance diversity and inclusion in the workplace.

Granite’s (NYSEGVA) board of directors has appointed three new directors and has elected Michael F. McNally as its new board chair. Mr. McNally has served on the board since 2016. The board also promoted Kyle T. Larkin to president and chief executive officer. At the conclusion of Granite’s Annual Meeting of Shareholders held on June 2, 2021, former board chair, Claes G. Bjork, retired from the board.

Granite (NYSEGVA) has received the 2021 Construction Risk Partners Build America Award in the Marvin M. Black Partnering Excellence category from Associated General Contractors of America (AGC) for the $133 million SR 99 CMGC Realignment Project in Fresno, California. It has also been nominated for the Construction Risk Partners Build America Grand Award.

Granite Construction Incorporated (NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on July 15, 2021, to all shareholders of record at the close of business on June 30, 2021.

Granite Construction Incorporated (NYSEGVA) today announced results for the first quarter ended March 31, 2021.

Granite Construction Incorporated (NYSEGVA) (“Granite” or the “Company”) today announced that it entered into a stipulation and agreement of settlement (the “Settlement Agreement”) to settle the previously disclosed securities class action litigation filed in the United States District Court for the Northern District of California titled Police Retirement System of St. Louis v. Granite Construction Incorporated, et al., which was filed in August 2019. The Settlement Agreement also settles claims alleged in the putative class action lawsuit filed in the Superior Court of California, County of Santa Cruz titled Nasseri v. Granite Construction Incorporated, et al., which was filed in October 2019. The Settlement Agreement is subject to approval of the court.

Granite Construction Incorporated (NYSEGVA) will release first quarter 2021 financial results on Friday, May 7, 2021, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Friday, May 7, 2021.