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Stock impact report

Everus Construction Group Completes Spinoff From MDU Resources

Everus Construction Group, Inc. (ECG) 
Company Research Source: Business Wire
BISMARCK, N.D.--(BUSINESS WIRE)--Everus Construction Group (NYSE: ECG) today announced the successful completion of its spinoff from MDU Resources Group, Inc. (NYSE: MDU). As a result of the spinoff, Everus will begin “regular way” trading on the New York Stock Exchange as its board of directors and leadership team celebrate becoming an independent, publicly traded company by ringing the Opening Bell®.“Today marks an exciting milestone in Everus’ history, which would not have been possible without the hard work and dedication of our highly skilled team members across the country,” said Jeffrey S. Thiede, president and CEO of Everus. “We remain focused on our mission of safely Building America’s Future as one of the largest specialty construction services providers in the U.S. and are well-positioned to benefit from several powerful market drivers and industry megatrends, including data center growth, grid modernization and high-tech reshoring. Our proven leadership team is committ Show less Read more
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