Mdu Resources Group ( (MDU) ) has provided an update.

MDU Resources Group is set to spin off its construction services arm, Everus Construction Group, as an independent entity, with the separation expected to finalize by October 31, 2024. Everus aims to leverage its national platform and strong local brands to fuel long-term growth and profitability. Investors can look forward to a focused strategy, disciplined capital allocation, and experienced leadership, all aimed at delivering sustained value in the competitive construction services industry.

See more data about MDU stock on TipRanks’ Stock Analysis page.