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CRH Cancels 73,868 Shares in Latest Tranche of $300m Buyback

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CRH Cancels 73,868 Shares in Latest Tranche of $300m Buyback

Meet Samuel – Your Personal Investing Prophet

CRH plc ( (CRH) ) has provided an announcement.

CRH plc has repurchased 73,868 of its ordinary shares in the U.S. market on 13 March 2026 via Wells Fargo Securities at a volume-weighted average price of about $99.80 per share, with the redeemed shares to be cancelled. The transaction forms part of CRH’s previously announced share buyback programme of up to $300 million running to 28 April 2026, leaving the group with 669,080,324 shares in issue and 35,643,874 shares held in treasury, a move that marginally reduces its free float while signalling continued capital returns to shareholders.

Following these latest purchases and cancellations, CRH’s treasury shares now represent just over 5% of its issued share capital, and those shares carry no voting rights. The ongoing buyback underscores management’s confidence in the company’s valuation and is likely to provide incremental support to earnings per share and to its standing among income and value-focused investors in the building materials sector.

More about CRH plc

CRH plc is a global building materials group that manufactures and supplies products such as cement, aggregates, ready-mixed concrete and asphalt for construction markets. The company is listed in New York and actively manages its capital structure through share buybacks and treasury share holdings to enhance shareholder returns.

For detailed information about CRH stock, go to TipRanks’ Stock Analysis page.

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