CRH plc (CRH) has released an update.
CRH plc has announced the acquisition and planned cancellation of a significant number of its own shares through various trading venues on September 12, 2024, as part of its $300 million share buyback program set to conclude by November 6, 2024. After these transactions, CRH’s total issued ordinary shares will be reduced, with a corresponding increase in treasury shares, which now represent 5.694% of the company’s issued share capital. The buyback is executed by CRH’s broker, BNP Paribas Securities Corp, and is in line with regulatory compliance and shareholder value enhancement strategies.
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