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CRH plc ( (CRH) ) has issued an announcement.
CRH plc 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 November 5, 2025. This move is part of a strategic effort to optimize capital structure and enhance shareholder value, reflecting CRH’s commitment to returning capital to shareholders and potentially impacting its stock market performance.
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 segments, including cement, aggregates, asphalt, and ready-mixed concrete, serving a diverse customer base across residential, non-residential, and infrastructure sectors.
For an in-depth examination of CRH stock, go to TipRanks’ Overview page.