CRH plc ( (CRH) ) has shared an announcement.
CRH plc has announced the acquisition and subsequent cancellation of 66,494 of its ordinary shares in the United States, as part of its ongoing share buyback program. This move is part of CRH’s broader strategy to repurchase up to $300 million worth of shares by May 2025, which is expected to enhance shareholder value and optimize the company’s capital structure.
More about CRH plc
CRH plc is a leading global building materials company involved in the manufacture and supply of a diverse range of construction products. The company operates across various markets, focusing on delivering materials and services for infrastructure, commercial, and residential construction projects.
YTD Price Performance: 2.17%
Average Trading Volume: 943,999
Technical Sentiment Signal: Sell
Current Market Cap: £51.63B
Learn more about CRH stock on TipRanks’ Stock Analysis page.