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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 announced the acquisition and subsequent cancellation of 70,080 of its ordinary shares in the United States, as part of a share buyback program aimed at repurchasing up to $300 million worth of shares by May 2, 2025. This move is part of CRH’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial position and future prospects.

More about CRH plc

CRH plc is a leading global building materials company that manufactures and supplies a diverse range of products for the construction industry. The company focuses on providing materials for infrastructure, commercial, and residential projects, serving markets worldwide.

YTD Price Performance: -6.12%

Average Trading Volume: 1,022,763

Technical Sentiment Signal: Hold

Current Market Cap: £46.98B

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

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