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CRH plc Advances $300 Million Share Buyback Program

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CRH plc ( (CRH) ) just unveiled an announcement.

CRH plc, a leading global building materials company, announced the acquisition of 76,314 of its ordinary shares in the United States through its broker TD Securities (USA) LLC. These shares will be canceled as part of CRH’s ongoing $300 million share buyback program, which aims to reduce the number of shares in circulation and potentially increase shareholder value. This transaction reflects CRH’s strategic focus on optimizing its capital structure and enhancing shareholder returns.

More about CRH plc

YTD Price Performance: -11.45%

Average Trading Volume: 1,006,413

Technical Sentiment Signal: Sell

Current Market Cap: £44.09B

For detailed information about CRH stock, go to TipRanks’ Stock Analysis page.

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