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CRH plc ( (CRH) ) just unveiled an announcement.
CRH plc has announced the acquisition and subsequent cancellation of its own ordinary shares as part of a buyback program aiming to repurchase up to $300 million worth of shares by February 2025. This move, which is part of a broader strategy announced in November 2024, will reduce the number of shares in circulation, potentially enhancing shareholder value and strengthening CRH’s market position.
More about CRH plc
CRH plc operates in the building materials industry, primarily focusing on the manufacture and distribution of construction materials. The company serves markets globally with a wide range of products including aggregates, cement, and ready-mixed concrete.
YTD Price Performance: 40.58%
Average Trading Volume: 677,258
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £50.53B
For an in-depth examination of CRH stock, go to TipRanks’ Stock Analysis page.
