tiprankstipranks
Advertisement
Advertisement

CRH Continues $300 Million U.S. Share Buyback, Cancels Nearly 79,000 Shares

Story Highlights
  • CRH repurchased and will cancel nearly 79,000 U.S.-traded shares as part of its ongoing buyback.
  • The transactions advance a $300 million program, tightening CRH’s share base and potentially boosting EPS for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CRH Continues $300 Million U.S. Share Buyback, Cancels Nearly 79,000 Shares

Meet Samuel – Your Personal Investing Prophet

CRH plc ( (CRH) ) has issued an update.

CRH plc has continued its share buyback activity in the U.S., repurchasing 78,999 ordinary shares on 30 March 2026 through broker Wells Fargo Securities at a volume-weighted average price of about $101.72 per share. The redeemed shares will be cancelled, reducing the number of ordinary shares in issue to 668,383,773, while the company will hold 35,643,874 shares in treasury, equivalent to about 5.06% of its issued share capital.

The transactions form part of CRH’s previously announced program to repurchase up to $300 million of stock by 28 April 2026, signaling an ongoing capital return strategy and confidence in its valuation. By shrinking its free-float and maintaining a sizable treasury position without voting rights, CRH is tightening its share base, a move that can enhance earnings per share and potentially support the stock’s performance for existing shareholders.

More about CRH plc

CRH plc is a global building materials group supplying products such as cement, aggregates, asphalt and ready-mix concrete to construction and infrastructure markets. The company operates across North America and Europe, serving residential, commercial and public sector projects, and is listed in the U.S. with its ordinary shares traded on major U.S. exchanges.

Learn more about CRH stock on 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