CRH plc (CRH) has released an update.
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CRH plc, an international group of diversified building materials businesses, has announced a significant buyback of its own shares, with the intention to purchase up to $300 million worth by 6th November 2024. On 27th August 2024, CRH’s broker, BNP Paribas Securities Corp, redeemed and will cancel a substantial number of shares acquired across various trading venues. This move comes after CRH’s announcement on 8th August and will result in 681,499,032 ordinary shares remaining in issue, with an additional 41,115,068 held in treasury.
For further insights into CRH stock, check out TipRanks’ Stock Analysis page.