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CRH plc Advances Share Buyback Program with Recent Acquisition

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An announcement from CRH plc ( (CRH) ) is now available.

CRH plc has announced the acquisition and subsequent cancellation of 70,330 of its ordinary shares in the United States, as part of a 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 positively on its market positioning and potentially benefiting its stakeholders.

More about CRH plc

CRH plc is a leading global diversified building materials group, primarily engaged in the manufacture and distribution of a wide range of construction products. The company operates in various markets, focusing on providing essential materials for infrastructure, commercial, and residential construction projects.

YTD Price Performance: -5.85%

Average Trading Volume: 1,025,121

Technical Sentiment Signal: Hold

Current Market Cap: £47.16B

See more data about CRH stock on TipRanks’ Stock Analysis page.

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