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CRH plc ( (CRH) ) has shared an announcement.
CRH plc has announced the acquisition and cancellation of 78,940 of its own ordinary shares in the United States, as part of a buyback program aiming to repurchase shares worth up to $300 million by May 2, 2025. This move is part of CRH’s strategic initiative to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and financial performance.
More about CRH plc
CRH plc operates in the building materials industry, providing a wide range of products and services related to construction and infrastructure development. The company focuses on delivering materials such as cement, aggregates, and ready-mixed concrete, catering to both residential and commercial markets globally.
YTD Price Performance: -12.08%
Average Trading Volume: 1,002,018
Technical Sentiment Signal: Sell
Current Market Cap: £42.89B
Learn more about CRH stock on TipRanks’ Stock Analysis page.