NYSE - Nasdaq Real Time Price • USD Titan America SA (TTAM) Follow Compare 16.00 -0.26 (-1.60%) As of 3:21:11 PM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Titan America Announces Closing of Initial Public Offering NORFOLK, Va., February 10, 2025--Titan America SA ("Titan America"), a subsidiary of Titan Cement International SA and parent company of its U.S. operations, today closed its initial public offering ("IPO") of 24,000,000 common shares at a price to the public of $16.00 per share. The IPO consists of 9,000,000 new common shares issued and sold by Titan America and 15,000,000 existing common shares sold by Titan Cement International SA. Titan America’s common shares began trading on the New York S Titan America discusses IPO, position in US construction market Titan America (TTAM) — the US subsidiary of Titan Cement International — debuted on the New York Stock Exchange via an IPO on Friday. The construction materials company's stock opened slightly higher than the initial pricing of $16, going on to close the session over 4.3% higher. From the floor of the New York Stock Exchange, Titan America CEO and President Bill Zarkalis expands on the company's public debut and the state of the US construction market with Julie Hyman and Josh Lipton. Zarkalis identifies "investment infrastructure, the resilient urbanization, the investment in manufacturing reshoring" as several contributing factors to construction companies and suppliers' pivot to the US market. "We see that the medium to long term... trends are extremely strong. We feel that the trends are secular trends," he tells Yahoo Finance, commenting on the market conditions created by the Trump administration: "The demographics, also the household formation, supports strong build-up in the construction industry, especially in the residential, but also the infrastructure, especially the deregulation that this administration is going to bring is going to shorten the time between planning a project and executing a project, breaking ground. And we feel that this is going to accelerate the growth." Also catch Yahoo Finance's coverage of why hiring is slowing in the construction industry over the past month. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan. Cement Maker Titan’s US Unit Shares Climb After $384 Million IPO (Bloomberg) -- Titan America SA shares increased 4.4% after the company and its owner Titan Cement International SA raised $384 million in an initial public offering.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleCitadel to Leave Namesake Chicago Tower as Employees RelocateIn New Orleans, an Aging Dome Tries to Stay SuperThe US firm’s Titan America valued at nearly $3 billion as shares rise 1.25% in NYSE debut (Reuters) -Shares of Titan America rose 1.25% in their debut on the New York Stock Exchange, giving the Belgium-based cement producer a market capitalization of $2.99 billion. The cement producer, together with its parent company Titan Cement International, raised $384 million by selling 24 million shares in its initial public offering, within the targeted range it had marketed earlier. "The IPO gives us more firepower with the cash that comes out of the primary sales and on top of that now we have the hard currency of a U.S. public company, so we have the opportunity to deploy this capital," Titan America CEO Bill Zarkalis told Reuters. Cement producer Titan America raises $384 million in US IPO Sentiment in the U.S. IPO market has improved on expectations of lower corporate taxes and a more business-friendly regulatory environment under the Donald Trump administration. Titan America sold 9 million shares, together with 15 million shares its Belgium-based parent company Titan Cement International offered at $16 apiece. The IPO valued the cement producer at $2.95 billion, ahead of its New York Stock Exchange debut. Cement Maker Titan’s IPO for US Unit Raises $384 Million (Bloomberg) -- Titan America SA and its owner Titan Cement International SA raised $384 million in an initial public offering, pricing its shares within a marketed range.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneHow London’s Taxi Drivers Navigate the City Without GPSTransportation Memos Favor Places With Higher Birth and Marriage RatesState Farm Seeks Emergency California Rate Hike After Fir Titan America Announces Pricing of Initial Public Offering NORFOLK, Va., February 07, 2025--Titan America SA ("Titan America"), a subsidiary of Titan Cement International SA and parent company of its U.S. operations, today priced its initial public offering ("IPO") of 24,000,000 common shares at a price to the public of $16.00 per share. The IPO consists of 9,000,000 new common shares to be issued and sold by Titan America and 15,000,000 existing common shares to be sold by Titan Cement International SA. Titan Cement International SA has granted the und Performance Overview Trailing total returns as of 2/13/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return TTAM S&P 500 YTD -1.23% +3.92% 1-Year -1.23% +23.40% 3-Year -1.23% +38.33%