CRH plc ( (CRH) ) has shared an announcement.
CRH plc has announced the acquisition and subsequent cancellation of 68,990 ordinary shares as part of its share buyback program, which aims to repurchase up to $300 million worth of shares by May 2025. This strategic move is expected to enhance shareholder value and optimize the company’s capital structure, reflecting CRH’s commitment to returning capital to shareholders while maintaining a strong balance sheet.
More about CRH plc
CRH plc is a leading global diversified building materials group, primarily engaged in the manufacture and supply of a wide range of building materials and products. The company operates in various markets, focusing on construction and infrastructure projects across the globe.
YTD Price Performance: -1.84%
Average Trading Volume: 942,686
Technical Sentiment Signal: Sell
Current Market Cap: £49.64B
Learn more about CRH stock on TipRanks’ Stock Analysis page.
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