Amrize reports third-quarter growth and completes its share-buyback program
Amrize reported third-quarter revenue of $3,771 million, up 2.2% on a reported basis, while net income rose 3.3% to $558 million and adjusted EBITDA increased 0.2% to $1,076 million. The company completed its $1 billion buyback, said it had returned $1.1 billion to shareholders, and plans to cancel the repurchased shares. Amrize also declared a $0.11 per-share dividend, completed the Rapid Redi-Mix acquisition in Dallas-Fort Worth, and revised its FY 2026 guidance to reflect cost inflation and higher interest rates.
Why it matters
The completed repurchase and planned cancellation should reduce Amrize's share count once the cancellation occurs, while the dividend provides another shareholder distribution. The updated FY 2026 guidance signals that cost inflation and elevated interest rates remain considerations for the company's outlook.
Key facts
- 1Third-quarter revenue increased 2.2% on a reported basis to $3,771 million. stocktitan.net
- 2Third-quarter net income rose 3.3% to $558 million. stocktitan.net
- 3Third-quarter adjusted EBITDA, a non-GAAP measure, increased 0.2% to $1,076 million. stocktitan.net
- 4Amrize repurchased 22.45 million shares, representing 3.96% of its capital, and plans to cancel them. investing.com
- 5The board declared a third-quarter dividend of $0.11 per share. stocktitan.net
- 6Amrize completed its $1 billion buyback program and reported $1.1 billion returned to shareholders. stocktitan.net
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.