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CRH plc Advances $300 Million Share Buyback Program

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CRH plc Advances $300 Million Share Buyback Program

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

CRH plc has announced the acquisition and cancellation of 66,633 of its ordinary shares in the United States, as part of its share buyback program aimed at repurchasing up to $300 million worth of shares by May 2025. This move is part of CRH’s strategy to optimize its capital structure and enhance shareholder value, reflecting a commitment to returning capital to shareholders while maintaining a strong balance sheet.

More about CRH plc

CRH plc is a leading global diversified building materials group, primarily involved in the manufacture and supply of a wide range of construction products. It operates in various markets, focusing on delivering essential materials for infrastructure, commercial, and residential projects.

YTD Price Performance: 2.33%

Average Trading Volume: 461,664

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £50.11B

Find detailed analytics on CRH stock on TipRanks’ Stock Analysis page.

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