TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
CRH plc ( (CRH) ) has issued an update.
CRH plc, a leading player in the building materials industry, has announced the acquisition and subsequent cancellation of 33,000 of its ordinary shares in the United States through its broker, Santander US Capital Markets LLC. This move is part of a larger share buyback program amounting to $300 million, aimed at optimizing the company’s capital structure. Following this transaction, CRH will have 669,493,598 ordinary shares in issue, excluding treasury shares. The buyback is in line with CRH’s strategic financial management and is expected to enhance shareholder value.
More about CRH plc
Learn more about CRH stock on TipRanks’ Stock Analysis page.