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CRH plc ( (CRH) ) has provided an announcement.
CRH plc has announced the acquisition and subsequent cancellation of its ordinary shares in the United States as part of a share buyback program. This initiative, which aims to repurchase up to $300 million worth of shares by November 2025, is intended to optimize the company’s capital structure and enhance shareholder value. Following these transactions, CRH will have 671,994,382 ordinary shares in issue, excluding treasury shares, which do not carry voting rights.
More about CRH plc
CRH plc is a leading global diversified building materials group, primarily engaged in the manufacture and supply of a wide range of building materials and products. The company operates in various markets across the globe, focusing on construction and infrastructure development.
Find detailed analytics on CRH stock on TipRanks’ Stock Analysis page.