CRH plc ( (CRH) ) has issued an update.
CRH plc announced the acquisition and subsequent cancellation of 72,160 of its ordinary shares as part of a buyback program aimed at repurchasing up to $300 million in shares by May 2, 2025. This move is part of CRH’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting the company’s proactive approach to managing its financial resources.
More about CRH plc
CRH plc operates in the building materials industry, providing a wide range of construction products and services. The company focuses on delivering essential materials for infrastructure and building projects worldwide.
YTD Price Performance: -8.50%
Average Trading Volume: 1,013,651
Technical Sentiment Signal: Sell
Current Market Cap: £46.54B
For a thorough assessment of CRH stock, go to TipRanks’ Stock Analysis page.