Eagle materials provides business update

Eagle materials provides business update.eagle materials- recently took actions to reduce spending and maximize free cash flow, including limiting capital spending to critical maintenance.eagle materials inc - future quarterly cash dividends will be suspended for eagle materials.eagle materials inc - amended bank credit facility and term loan to extend maturity to august 2022 from august 2021.eagle materials inc - at march 31, 2020, had total liquidity of approximately $295 million with no near-term debt maturities.eagle materials inc - timing for expected completion of separation of its heavy and light-side businesses has become uncertain.eagle materials inc - reaffirms that strategic rationale for separation of its heavy and light-side businesses is unchanged.eagle materials inc - priority for free cash flow will be on debt reduction.
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