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The latest announcement is out from CRH plc ( (CRH) ).
CRH plc, a leading player in the building materials industry, has announced the acquisition and subsequent cancellation of a significant number of its ordinary shares in the United States. This move is part of a broader share buyback program valued at up to $300 million, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. The transactions, executed through BNP Paribas Securities Corp, reflect CRH’s strategic focus on financial efficiency and market positioning. Following these transactions, CRH will have 671,457,005 ordinary shares in issue, with an additional 38,310,136 shares held in treasury, representing 5.398% of its issued share capital.
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