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CRH plc ( (CRH) ) has shared an update.
CRH plc announced the acquisition and cancellation of its own shares as part of a buyback program, aiming to repurchase shares worth up to $300 million by February 26, 2025. This move is part of a strategic effort to enhance shareholder value, reflecting CRH’s robust financial position and commitment to optimizing capital allocation. Following the transaction, CRH will have 677,063,754 ordinary shares in issue, excluding treasury shares, which do not carry voting rights.
More about CRH plc
CRH plc is a global leader in the building materials industry, known for manufacturing and supplying a wide range of construction products. It primarily focuses on providing essential materials such as cement, aggregates, and ready-mixed concrete, serving markets across Europe and the Americas.
YTD Price Performance: 9.95%
Average Trading Volume: 424,501
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £55.26B
Find detailed analytics on CRH stock on TipRanks’ Stock Analysis page.
