CRH plc ( (CRH) ) has provided an announcement.
CRH plc announced the acquisition and subsequent cancellation of 67,729 of its ordinary shares in the United States as part of its share buyback program, which aims to repurchase up to $300 million worth of shares by May 2, 2025. This move is part of CRH’s strategy to enhance shareholder value and optimize its capital structure, reflecting its strong financial position and commitment to returning capital to shareholders.
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. The company operates across various markets, focusing on infrastructure, commercial, and residential construction sectors.
YTD Price Performance: 1.19%
Average Trading Volume: 957,560
Technical Sentiment Signal: Sell
Current Market Cap: £49.69B
For an in-depth examination of CRH stock, go to TipRanks’ Stock Analysis page.