CRH plc (CRH) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
CRH plc has announced the buyback and subsequent cancellation of a significant number of its ordinary shares, with the intention of purchasing up to $300 million worth of shares by November 6, 2024. This move is part of a broader share repurchase program initiated earlier in August. Following these transactions, the total number of ordinary shares in issue will be reduced, and the company will hold a portion of the shares in treasury, which do not carry voting rights.
For further insights into CRH stock, check out TipRanks’ Stock Analysis page.