CRH plc ( (CRH) ) just unveiled an announcement.
CRH plc, a leading player in the construction materials industry, has announced the acquisition and subsequent cancellation of 77,028 of its ordinary shares in the United States through its broker TD Securities (USA) LLC. This move is part of CRH’s ongoing share buyback program, which aims to repurchase up to $300 million worth of shares by May 2, 2025. The cancellation of these shares will reduce the total number of shares in issue, potentially increasing the value of remaining shares and signaling confidence in the company’s financial health to stakeholders.
More about CRH plc
YTD Price Performance: -12.92%
Average Trading Volume: 1,030,960
Technical Sentiment Signal: Hold
Current Market Cap: £41.91B
Learn more about CRH stock on TipRanks’ Stock Analysis page.