By Katherine Hamilton
Titan America, a manufacturer and supplier of heavy building materials and services, plans to sell shares through an initial public offering, according to a Securities and Exchange Commission filing on Monday.
The company didn't say how many shares it would offer, or give an expected per share price range.
Titan said its sales rose to $1.6 billion in 2023, up from $539 million in 2013. During that same period, net income climbed to was $155.2 million from a loss of $65.4 million.
The company has applied on to list its shares on the New York Stock Exchange under the ticker symbol TTAM.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
January 13, 2025 17:04 ET (22:04 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。