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CRH plc Advances Share Buyback Program with Recent Acquisition

Story Highlights

The latest announcement is out from CRH plc ( (CRH) ).

CRH plc announced the acquisition and cancellation of 78,472 of its ordinary shares in the United States, as part of its ongoing share buyback program aiming to repurchase up to $300 million worth of shares by May 2, 2025. This move is part of CRH’s strategy to enhance shareholder value and optimize its capital structure, reflecting confidence in its financial position and future prospects.

More about CRH plc

CRH plc operates in the building materials industry, focusing on the production and distribution of construction materials, including aggregates, cement, and concrete products. The company serves a global market, with a significant presence in the United States and Europe.

YTD Price Performance: -16.84%

Average Trading Volume: 1,002,074

Technical Sentiment Signal: Hold

Current Market Cap: £47.04B

For detailed information about CRH stock, go to TipRanks’ Stock Analysis page.

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