CRH plc ( (CRH) ) has provided an update.
CRH plc announced the acquisition and subsequent cancellation of 70,036 of its ordinary shares in the United States, as part of its ongoing share buyback program. This move is part of a broader strategy to repurchase up to $300 million worth of shares by May 2, 2025, which is expected to enhance shareholder value and optimize the company’s capital structure.
More about CRH plc
CRH plc is a leading global building materials company, primarily engaged in the manufacture and supply of a diverse range of construction products. The company operates in various markets worldwide, focusing on delivering innovative and sustainable building solutions.
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.