tiprankstipranks
Advertisement
Advertisement

CRH Continues $300 Million Buyback With NYSE Share Repurchase

Story Highlights
  • CRH repurchased 28,800 ordinary shares on the NYSE at an average price of about $128, with all shares to be cancelled after redemption.
  • The buyback is part of CRH’s up to $300 million capital return program, leaving about 668 million shares outstanding and 5.4% in non-voting treasury stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CRH Continues $300 Million Buyback With NYSE Share Repurchase

Claim 55% Off TipRanks

CRH plc ( (CRH) ) just unveiled an update.

CRH plc has repurchased 28,800 of its ordinary shares on the New York Stock Exchange at a volume-weighted average price of $128.09 per share, with prices ranging between $127.25 and $129.71. The shares, acquired via broker Santander US Capital Markets LLC, will be cancelled following redemption.

The transaction forms part of CRH’s previously announced share buyback program of up to $300 million running to 17 February 2026, aimed at returning capital to shareholders and optimizing its capital structure. After settlement and cancellation, CRH will have 668,102,818 ordinary shares in issue, with a further 37,976,624 shares held in treasury, which carry no voting rights and represent about 5.4% of its issued share capital.

More about CRH plc

CRH plc is a global building materials group supplying aggregates, cement, ready-mixed concrete, asphalt and related construction products and services. The company serves infrastructure, residential and commercial markets, with its shares traded on the New York Stock Exchange as part of its broader international listing profile.

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