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CRH plc ( (CRH) ) has provided an announcement.
CRH plc, a leading player in the construction industry, has announced the acquisition and subsequent cancellation of a significant number of its own shares as part of a buyback program. This move is part of CRH’s strategy to repurchase up to $300 million worth of shares by August 2025, aiming to optimize its capital structure and enhance shareholder value. The buyback is being executed through BNP Paribas Securities Corp and aligns with regulatory requirements, impacting the company’s share capital and treasury shares.
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