Core Points - Concrete Pumping Holdings, Inc. announced a special cash dividend of 53 million, to be paid on or about February 3, 2025, to stockholders of record as of January 24, 2025 [1] - The payment of the special dividend is contingent upon the closing of the company's previously announced offering of $425 million in senior secured second lien notes due 2032 [1] Company Overview - Concrete Pumping Holdings is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands such as Brundage-Bone Concrete Pumping, Camfaud Group Limited, and Eco-Pan [3] - The company operates approximately 90 locations across 22 states in the U.S. and 35 locations in the U.K. for concrete pumping services, along with 20 locations in the U.S. and one in the U.K. for route-based concrete waste management services [3] - The company's large fleet of specialized pumping equipment and trained operators enables it to deliver efficient concrete placement solutions, resulting in labor cost savings, reduced placement times, enhanced safety, and improved construction quality [3]
Concrete Pumping Holdings Announces Special Cash Dividend of $1.00 Per Share