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CRH plc Advances Share Buyback Program with Recent Acquisition

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CRH plc Advances Share Buyback Program with Recent Acquisition

CRH plc ( (CRH) ) has issued an announcement.

CRH plc announced the acquisition and cancellation of 67,532 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 2025. This strategic move is part of CRH’s broader financial strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and shareholder interests.

More about CRH plc

CRH plc operates in the building materials industry, providing a range of products and services primarily focused on construction and infrastructure markets.

Average Trading Volume: 438,316

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £51.12B

See more insights into CRH stock on TipRanks’ Stock Analysis page.

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