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Titan America Priced, NYSE: TTAM

US business of global cement producer Titan Cement.

Industry: Materials

Latest Trade: $15.69 0.00 (0.0%)

First Day Return: +4.4%

Return from IPO: -1.9%

Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States (the “Eastern Seaboard”). We are a leading provider of materials that contribute to lower carbon emissions than traditional building materials and/or beneficial reuse of waste materials. We are a leading provider of heavy building materials in Florida, the New York and New Jersey Metropolitan area (“Metro New York”), Virginia, North Carolina and South Carolina (Virginia and the Carolinas, together with Metro New York and their adjacent areas, the “Mid-Atlantic”). We serve markets that benefit from population growth, economic growth and technology and innovation trends that are among the strongest in the United States. We have built what we believe is a unique and differentiated building materials platform in the markets we serve. Today, our manufacturing, logistics and customer support capabilities span across critical building materials and products, including cement and supplementary cementitious materials (“SCMs”), aggregates, ready-mix concrete, concrete block and other ancillary products.
IPO Data
IPO Date 02/06/2025
Offer Price $16.00
Price Range $15.00 - $18.00
Offer Shares (mm) 24.0
Deal Size ($mm) $384
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
Goldman Sachs
more
Company Data
Headquarters Brussels, Belgium
Founded 1902
Employees at IPO 2,726
Website www.titanamerica.com

Titan America (TTAM) Performance

Created with Highcharts 10.3.2Chart context menuTTAM vs. IPO Index (IPOUSA)6. Feb8. Feb10. Feb11. Feb12. Feb13. Feb15. Feb18. Feb19. Feb20. Feb21. Feb0%-10%-5%+ 5%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexTTAMOur ETF tracks the IPO Index