Granite Construction Incorporated Stock News

Enters into definitive agreement to sell trenchless and pipe rehabilitation services business ("Inliner") Discloses intent to sell water supply, treatment, delivery and maintenance business ("Water Resources") and mineral exploration drilling business ("Mineral Services") Increases share repurchase program to $300 million Reorganizes operating groups and changes reportable segments Granite Construction Incorporated (NYSE: GVA ) today announced several actions designed to position the Company to focus on efficiently growing its core civil construction and materials business. Strategic Actions On February 2, 2022, we entered into a definitive agreement with Inland Pipe Rehabilitation, a portfolio company of investment affiliates of J.F. Lehman & Company to sell Inliner for a purchase price of $159.7 million. The sale has been unanimously approved by the Company''s Board of Directors and is subject to customary covenants and closing conditions. The transaction is expected to close in the next two to four months.

John G Ullman & Associates Inc. cut its stake in shares of Granite Construction Incorporated (NYSE:GVA) by 2.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 130,693 shares of the construction company’s stock after selling 2,641 shares during the quarter. John […]

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) 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. About Granite Granite is Americas Infrastructure Company. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials compan

Strs Ohio decreased its holdings in Granite Construction Incorporated (NYSE:GVA) by 2.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 27,800 shares of the construction companys stock after selling 600 shares during the quarter. Strs Ohios holdings in Granite Construction were worth $1,099,000 as of its most recent SEC filing. A number of []

Bernzott Capital Advisors raised its stake in shares of Granite Construction Incorporated (NYSE:GVA) by 23.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 645,718 shares of the construction companys stock after acquiring an additional 123,100 shares during the quarter. Granite Construction makes up []

During the last session, Granite Construction Incorporated (NYSE:GVA)s traded shares were 0.31 million, with the beta value of the company hitting 1.43. At the end of the trading day, the stocks price was $40.72, reflecting an intraday loss of -2.58% or -$1.08. The 52-week high for the GVA share is $44.31, that puts it down Is Granite Construction Incorporated (NYSE: GVA) Hit More of the Losses Given A -8.82% Dip From High? Read More »

Man Group plc purchased a new stake in Granite Construction Incorporated (NYSE:GVA) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,189 shares of the construction companys stock, valued at approximately $423,000. Other hedge funds also recently made changes to their positions []

Metropolitan Life Insurance Co NY lifted its stake in Granite Construction Incorporated (NYSE:GVA) by 94,484.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,296 shares of the construction companys stock after acquiring an additional 12,283 shares during the period. Metropolitan Life Insurance Co NYs holdings []

Granite Construction Incorporated (GVA) CEO Kyle Larkin on Q3 2021 Results - Earnings Call Transcript

WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced today its support of the inaugural Construction Inclusion Week, taking place October 18-22, 2021. Const

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release third quarter 2021 financial results on Thursday, October 28, 2021, before the market opens. The Compan

WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced it has been awarded eight 2021 Awards of Excellence from the National Stone, Sand & Gravel Association

WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) is ranked No. 1 in the Highway market from the 2021 Top Contractors Sourcebook by Engineering News-Record (ENR) m

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The di

WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Today, Granite (NYSE:GVA) published its 2020 Sustainability Report, which highlights the company's advancement on environmental, soc