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CRH plc ( (CRH) ) has provided an update.
CRH plc has announced the acquisition and subsequent cancellation of its ordinary shares, as part of a $300 million buyback program initiated in November 2024. This strategic move is expected to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
More about CRH plc
CRH plc operates in the building materials industry, primarily focusing on producing and distributing construction materials. The company is known for its wide range of products, including cement, aggregates, asphalt, and ready-mixed concrete, serving diverse markets globally.
YTD Price Performance: 11.20%
Average Trading Volume: 365,995
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £55.7B
For detailed information about CRH stock, go to TipRanks’ Stock Analysis page.
