CRH plc (CRH) has released an update.
CRH plc has strategically repurchased 60,600 of its own shares on 11th July 2024 through its broker, HSBC Securities (USA) Inc., as part of its ongoing $300 million share buyback program announced earlier in May. These shares, acquired at a volume weighted average price of $78.6894, will be cancelled, reducing the total number of ordinary shares in issue and held as treasury shares. This move aims to optimize shareholder value and reflects CRH’s confidence in its financial strength and future prospects.
For further insights into CRH stock, check out TipRanks’ Stock Analysis page.
