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CRH plc ( (CRH) ) just unveiled an update.
CRH plc announced the acquisition and subsequent cancellation of its ordinary shares as part of a buyback program aimed at repurchasing up to $300 million worth of shares by November 2025. This move is part of CRH’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
More about CRH plc
CRH plc operates in the building materials industry, providing a wide range of construction products and services. The company focuses on the production and distribution of materials used in infrastructure, commercial, and residential construction projects.
Learn more about CRH stock on TipRanks’ Stock Analysis page.