CRH plc ( (CRH) ) has issued an update.
CRH plc, a leading player in the building materials industry, has announced the acquisition and subsequent cancellation of 70,316 of its ordinary shares in the United States through its broker TD Securities (USA) LLC. This transaction is part of CRH’s ongoing share buyback program, which aims to repurchase up to $300 million of its shares by May 2, 2025. The move is expected to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening the company’s market position.
More about CRH plc
YTD Price Performance: -3.19%
Average Trading Volume: 953,620
Technical Sentiment Signal: Sell
Current Market Cap: £48.23B
See more insights into CRH stock on TipRanks’ Stock Analysis page.
