The latest announcement is out from CRH plc ( (CRH) ).
CRH plc, a leading player in the building materials industry, announced the acquisition of 73,265 of its own ordinary shares in the United States through its broker, TD Securities (USA) LLC. This move is part of CRH’s broader strategy to buy back up to $300 million worth of shares by May 2, 2025, as previously announced in February. The acquired shares will be canceled, reducing the total number of shares in circulation and potentially increasing the value of remaining shares. This buyback program is expected to enhance shareholder value and reflects CRH’s confidence in its financial health and future prospects.
More about CRH plc
YTD Price Performance: -9.13%
Average Trading Volume: 1,024,421
Technical Sentiment Signal: Sell
Current Market Cap: £43.75B
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