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CRH plc ( (CRH) ) has shared an update.
CRH plc has announced the acquisition and subsequent cancellation of its ordinary shares as part of a buyback program, aiming to repurchase up to $300 million worth of shares by August 5, 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 and maintaining a strong market position.
More about CRH plc
CRH plc is a leading global building materials company, primarily engaged in the manufacture and supply of a wide range of construction products. The company operates in various markets, focusing on infrastructure, commercial, and residential sectors, providing essential materials for construction and maintenance projects worldwide.
For an in-depth examination of CRH stock, go to TipRanks’ Overview page.