An announcement from CRH plc ( (CRH) ) is now available.
CRH plc has announced the acquisition and subsequent cancellation of 73,404 of its ordinary shares in the United States, as part of a 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 confidence in its financial position and future growth prospects.
More about CRH plc
CRH plc is a leading global diversified building materials group, primarily engaged in the manufacturing and supply of a wide range of construction materials and products. The company operates in various markets worldwide, focusing on infrastructure, commercial, and residential construction sectors.
YTD Price Performance: -6.80%
Average Trading Volume: 978,565
Technical Sentiment Signal: Sell
Current Market Cap: £46.1B
For detailed information about CRH stock, go to TipRanks’ Stock Analysis page.