Amrize shares are higher today as investors reacted to an upbeat 2026 profit outlook paired with a major new capital-return plan. The company set 2026 adjusted EBITDA guidance at $3.25 billion to $3.34 billion (8%–11% growth) and revenue guidance at $12.29 billion to $12.52 billion (4%–6% growth), alongside a $1.0 billion share repurchase authorization and a proposed dividend package that includes a $0.44 one-time special dividend and a $0.44 annual dividend. (investors.amrize.com)

The market focus has shifted from a modest quarterly miss to the bigger signal: management is projecting accelerating demand, margin improvement initiatives, and balance-sheet capacity to return cash. Amrize highlighted strong free cash flow generation and net leverage of about 1.1x, framing the buyback and dividends as enabled by high cash conversion and a de-risked capital structure. (investors.amrize.com)

Two timing items matter from here: the shareholder vote and the deal calendar. The repurchase authorization and the proposed dividends are tied to shareholder approval of the 2025 financial statements at the Annual General Meeting, and management also pointed to the pending acquisition of PB Materials in West Texas, expected to close in Q1 and contribute to EBITDA growth. (investors.amrize.com)