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CRH plc ( (CRH) ) has shared an announcement.
CRH plc announced the acquisition and subsequent cancellation of a significant number of its ordinary shares as part of its ongoing share buyback program, which aims to repurchase up to $300 million worth of shares by November 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 its investors.
More about CRH plc
CRH plc is a leading global building materials company, primarily engaged in the manufacture and distribution of a diverse range of construction products. The company operates in various markets worldwide, focusing on providing essential materials for infrastructure, commercial, and residential construction projects.
For a thorough assessment of CRH stock, go to TipRanks’ Stock Analysis page.