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CRH plc ( (CRH) ) has shared an announcement.
CRH plc, a company engaged in the building materials sector, announced its recent acquisition of 43,430 of its own ordinary shares in the United States through Mizuho Securities USA LLC. These shares will be cancelled as part of a broader share buyback program aimed at purchasing up to $300 million worth of shares by February 26, 2025. Following this transaction, CRH will have 677,392,996 ordinary shares in issue, with 40,958,388 held in treasury, representing about 5.702% of the company’s issued share capital. This move reflects CRH’s strategic initiative to enhance shareholder value and optimize its capital structure.
More about CRH plc
YTD Price Performance: 0.94%
Average Trading Volume: 417,923
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £51.05B
Learn more about CRH stock on TipRanks’ Stock Analysis page.
