Page 21 - TRIMBLE PR REPORT - October 2024

Market Price

Trimble Inc, a leading provider of technology for the construction

industry, has recently made waves with its 2024 Tekla Global BIM
Awards. These awards showcase groundbreaking construction projects
from around the world that have utilized Trimble’s innovative Building
Information Modeling (BIM) technology. Among the winning projects is
the impressive world’s longest car-free bridge, which is a monumental
feat of engineering and sustainability. On Friday, the day of the awards
announcement, Trimble Inc’s stock opened at $60.94 and closed at
$61.65, showing a 1.88% increase from the prior day’s closing price of
$60.51. This jump in stock value reflects investor confidence in Trimble’s

continued success and growth within the construction industry. The
Tekla Global BIM Awards, held every four years, highlight projects that
demonstrate exceptional use of BIM technology in various stages of
construction.

BIM allows for 3D visualization, collaboration, and data management
throughout the entire construction process, resulting in improved
efficiency, cost savings, and reduced errors. The use of BIM allowed for
precise planning and coordination among the various teams involved in

the project, resulting in a safe and efficient construction process. In
addition to the car-free bridge, other winning projects include a
sustainable high-rise building in India and a music venue in Australia.
These projects demonstrate the versatility and wide-ranging
applications of BIM technology in the construction industry. With its
revolutionary BIM technology, Trimble continues to push the boundaries
and drive progress in the world of construction.

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