Sees Q2 adjusted EBITDA is expected to be approximately $775M. Commenting on second quarter guidance, President and Chief Executive Officer David Burritt said, “We expect to deliver another strong quarter of safety, operational and financial performance driven by our continued focus on strategic markets and building a more resilient business model. Adjusted EBITDA guidance of $775M reflects the benefits of our diverse order book, the realization of higher selling prices and management actions that continue to improve operational metrics and cost performance throughout our segments. Our expected second quarter performance supports a forecasted quarter-ending cash position of approximately $3B and $75M of share repurchases in the quarter.”
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