CRH plc ( (CRH) ) has provided an update.
CRH plc announced the acquisition and cancellation of 80,853 of its ordinary shares in the United States as part of its ongoing share buyback program. This move is part of a larger initiative to repurchase up to $300 million worth of shares by May 2025, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.
More about CRH plc
CRH plc operates in the building materials industry, focusing on the production and supply of a wide range of construction materials. The company is a leading player in the market, providing essential products for infrastructure development and construction projects globally.
YTD Price Performance: -15.52%
Average Trading Volume: 996,136
Technical Sentiment Signal: Hold
Current Market Cap: £42.89B
See more insights into CRH stock on TipRanks’ Stock Analysis page.