CRH plc ( (CRH) ) has issued an update.
CRH plc has announced the acquisition and subsequent cancellation of 78,740 of its ordinary shares in the United States as part of a $300 million share buyback program. This move, executed through TD Securities (USA) LLC, is part of CRH’s strategy to optimize its capital structure and enhance shareholder value, reflecting positively on its market positioning and commitment to returning capital to shareholders.
More about CRH plc
CRH plc is a global leader in the building materials industry, providing a wide range of products and services for construction and infrastructure projects. The company focuses on delivering innovative and sustainable solutions to its clients worldwide.
YTD Price Performance: -12.92%
Average Trading Volume: 1,019,377
Technical Sentiment Signal: Sell
Current Market Cap: £43.3B
For an in-depth examination of CRH stock, go to TipRanks’ Stock Analysis page.