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CRH plc ( (CRH) ) has issued an update.
CRH plc, a leading player in the building materials industry, has announced the acquisition and cancellation of a significant number of its ordinary shares as part of a buyback program. This move, executed through BNP Paribas Securities Corp, is part of CRH’s strategy to repurchase up to $300 million worth of shares by August 2025. The transaction reflects CRH’s ongoing efforts to optimize its capital structure and potentially enhance shareholder value, signaling a strong financial position and confidence in its market strategy.
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