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CRH plc Advances Share Buyback Program with Recent Acquisition

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CRH plc Advances Share Buyback Program with Recent Acquisition

An announcement from CRH plc ( (CRH) ) is now available.

CRH plc, a leading global building materials company, has announced the acquisition and cancellation of 63,511 of its ordinary shares in the United States through its broker, TD Securities (USA) LLC. This move is part of CRH’s ongoing share buyback program, with a target of repurchasing up to $300 million worth of shares by May 2, 2025. The transaction reflects CRH’s strategic initiative to optimize its capital structure and potentially enhance shareholder value.

More about CRH plc

YTD Price Performance: 10.01%

Average Trading Volume: 397,187

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £54.51B

See more insights into CRH stock on TipRanks’ Stock Analysis page.

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