DMC Global posts investor deck outlining deleveraging, EBITDA and capital-allocation priorities

DMC Global outlined a shareholder-value plan centered on balance-sheet deleveraging, higher EBITDA, improved free-cash-flow conversion, and disciplined capital allocation.

Arcadia minority buyout structure was highlighted; the put option is exercisable no earlier than Sept. 6, 2026, and the call option is exercisable anytime, cash-settled.

The option price is set at 9.5 times Arcadia's three-year average adjusted EBITDA, subject to a $187.1 million floor; $162.2 million net of tax bridge loan.

Put settlement may be all cash or 20% cash plus 80% preferred stock; the preferred carries a 3% coupon and is convertible one-for-one into common stock.

For the quarter ended June 30, 2026, sales split as follows: Arcadia $67.4 million, DynaEnergetics $67.4 million, and NobelClad $22.2 million.