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CRH plc Advances $300 Million Share Buyback Initiative
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CRH plc Advances $300 Million Share Buyback Initiative

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

CRH plc, a leading global building materials company, announced the acquisition and subsequent cancellation of its own shares in the US market as part of a buyback program. The buyback, which aims to repurchase up to $300 million worth of shares by February 26, 2025, is intended to enhance shareholder value and optimize the company’s capital structure, with the latest transaction involving 41,501 shares at a weighted average price of $100.2295.

More about CRH plc

YTD Price Performance: 7.18%

Average Trading Volume: 385,604

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £54.94B

For an in-depth examination of CRH stock, go to TipRanks’ Stock Analysis page.

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