CRH plc ( (CRH) ) has issued an announcement.
CRH plc announced the acquisition and subsequent cancellation of 67,840 of its ordinary shares in the United States, as part of a share buyback program aiming to repurchase up to $300 million worth of shares by May 2025. This move is part of CRH’s strategy to optimize its capital structure, potentially enhancing shareholder value and reinforcing its market position.
More about CRH plc
CRH plc operates in the building materials industry, providing a range of products and services related to construction and infrastructure. The company focuses on the production and supply of cement, aggregates, asphalt, and ready-mixed concrete, serving markets globally with a strong presence in the United States and Europe.
YTD Price Performance: 0.05%
Average Trading Volume: 470,790
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £50.15B
For a thorough assessment of CRH stock, go to TipRanks’ Stock Analysis page.