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CRH plc Announces Share Buyback as Part of Capital Optimization Strategy

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CRH plc Announces Share Buyback as Part of Capital Optimization Strategy

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CRH plc ( (CRH) ) has shared an update.

CRH plc, a company involved in the construction materials industry, has announced the acquisition and cancellation of 74,154 of its ordinary shares in the United States through its broker, TD Securities (USA) LLC. This transaction is part of a broader share buyback program aiming to repurchase up to $300 million worth of shares by May 2, 2025. The move is intended to optimize the company’s capital structure and potentially enhance shareholder value, reflecting CRH’s strategic focus on efficient capital management.

More about CRH plc

YTD Price Performance: -7.64%

Average Trading Volume: 971,950

Technical Sentiment Signal: Sell

Current Market Cap: £46.15B

See more data about CRH stock on TipRanks’ Stock Analysis page.

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