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An update from CRH plc ( (CRH) ) is now available.
CRH plc has completed the latest phase of its share buyback program, returning $0.3 billion to shareholders, bringing the total to $9.1 billion since 2018. The company has also initiated a new buyback arrangement with BNP Paribas Securities Corp. to repurchase up to $0.3 billion worth of shares, aiming to reduce share capital. This move is expected to impact CRH’s market positioning by potentially increasing shareholder value and optimizing capital structure.
More about CRH plc
CRH plc is a leading provider of building materials solutions, employing 80,000 people across 3,800 locations in 28 countries. The company holds market leadership positions in North America and Europe, focusing on transportation, critical infrastructure projects, complex non-residential construction, and outdoor living solutions. CRH is recognized for its contributions to a sustainable built environment and is ranked among sector leaders by ESG rating agencies. It is a Fortune Global 500 company with shares listed on the NYSE and LSE.
See more insights into CRH stock on TipRanks’ Stock Analysis page.