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CRH plc ( (CRH) ) has issued an update.
CRH plc, a leading player in the building materials industry, announced the acquisition and subsequent cancellation of its ordinary shares in the U.S. as part of a buyback program. This move aligns with CRH’s strategy to repurchase up to $300 million in shares by February 26, 2025, as initially announced in November 2024. The buyback activity, executed by Mizuho Securities USA LLC, reflects CRH’s commitment to enhancing shareholder value and solidifying its market position. Following these transactions, CRH will have a revised number of ordinary shares in issue, with a portion held in treasury, which do not carry voting rights.
More about CRH plc
YTD Price Performance: 13.51%
Average Trading Volume: 361,979
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £59.66B
Find detailed analytics on CRH stock on TipRanks’ Stock Analysis page.
