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CRH plc ( (CRH) ) just unveiled an announcement.
CRH plc announced the acquisition and subsequent cancellation of its ordinary shares as part of a buyback program, with a target of repurchasing up to $300 million worth of shares by August 2025. This move is part of CRH’s strategy to optimize its capital structure and enhance shareholder value, reflecting a strong financial position and commitment to returning capital to shareholders.
More about CRH plc
CRH plc operates in the building materials industry, providing a wide range of products and services related to construction and infrastructure development. The company focuses on delivering high-quality materials and solutions to meet the demands of the global construction market.
See more insights into CRH stock on TipRanks’ Stock Analysis page.
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