An announcement from CRH plc ( (CRH) ) is now available.
CRH plc has announced the acquisition and cancellation of 66,153 of its ordinary shares through its broker, TD Securities (USA) LLC, as part of a share buyback program. This move is part of a broader strategy to repurchase up to $300 million worth of shares by May 2025, which is expected to optimize the company’s capital structure and potentially enhance shareholder value.
More about CRH plc
CRH plc is a leading company in the building materials industry, focusing on manufacturing and supplying a wide range of construction products. It operates globally, providing essential materials for infrastructure, commercial, and residential projects.
YTD Price Performance: 2.33%
Average Trading Volume: 461,664
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £50.11B
For an in-depth examination of CRH stock, go to TipRanks’ Stock Analysis page.
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