Vulcan Materials closed its previously reported public offering of common stock. Vulcan sold a total of 13.225 million shares at $41.00 per share. The total number of shares included 1.725 million shares issued upon full exercise of the underwriters’ option to purchase additional shares.

The net proceeds, after underwriter discount and transaction expenses, were approximately $521 million. Vulcan intends to use the net proceeds for debt reduction and general corporate purposes.

Goldman, Sachs & Co., Merrill Lynch & Co., J.P.Morgan and Wachovia Securities acted as joint book-running managers of the offering.