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CRH plc Advances $300 Million Share Buyback Program

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An update from CRH plc ( (CRH) ) is now available.

CRH plc has announced the acquisition and subsequent cancellation of 76,700 of its ordinary shares in the United States as part of a share buyback program. This move is part of CRH’s broader strategy to repurchase up to $300 million worth of shares by May 2025, reflecting the company’s commitment to enhancing shareholder value and optimizing its capital structure.

More about CRH plc

CRH plc is a leading global building materials company, primarily engaged in the manufacture and distribution of a diverse range of construction products. The company operates in various markets worldwide, focusing on providing essential materials for infrastructure, commercial, and residential construction projects.

YTD Price Performance: -12.92%

Average Trading Volume: 1,019,377

Technical Sentiment Signal: Sell

Current Market Cap: £43.3B

See more insights into CRH stock on TipRanks’ Stock Analysis page.

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