CRH plc (CRH) has released an update.
CRH plc has made significant progress in its share buyback program, acquiring a total of 46,500 ordinary shares on October 9, 2024, with the intention to purchase up to $300 million worth of shares by November 6, 2024. The shares, acquired at various prices on multiple trading venues, are set to be cancelled, reflecting the company’s strategy to reduce the number of shares in issue and potentially increase shareholder value. Post-cancellation, CRH will have 679,875,708 ordinary shares in issue, excluding treasury shares, and will hold 41,098,572 shares in treasury.
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