tiprankstipranks
Advertisement
Advertisement

CRH Advances $300m Buyback With Further U.S. Share Repurchases

Story Highlights
  • CRH repurchased and cancelled 100 U.S.-traded ordinary shares, leaving 668.75 million shares outstanding and about 5.06 percent held in treasury.
  • These trades advance CRH’s up to $300 million share buyback plan to April 2026, underscoring ongoing capital returns and balance sheet discipline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CRH Advances $300m Buyback With Further U.S. Share Repurchases

Claim 55% Off TipRanks

The latest update is out from CRH plc ( (CRH) ).

CRH plc has continued its ongoing share repurchase programme, buying back and cancelling 100 of its own ordinary shares in the U.S. market on 23 March 2026 through Wells Fargo Securities at a volume-weighted average price of about $104.74. Following settlement and cancellation, the company will have 668,754,813 ordinary shares in issue, while 35,643,874 shares are held in treasury, representing about 5.06% of its issued share capital and carrying no voting rights.

The latest transactions form part of CRH’s previously announced plan to repurchase up to $300 million of ordinary shares by 28 April 2026, signalling continued capital returns to shareholders and active balance sheet management. The small incremental buybacks, executed across multiple U.S. trading venues, marginally reduce the free float and may enhance earnings per share over time, underlining management’s confidence in the company’s valuation and long-term prospects.

More about CRH plc

CRH plc is a global building materials group, supplying products such as cement, aggregates, ready-mix concrete and asphalt to construction markets. Listed in New York and other markets, it focuses on infrastructure and commercial building projects, positioning itself as a key player in North American and European construction supply chains.

For an in-depth examination of CRH stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1