CRH plc ( (CRH) ) has shared an announcement.
CRH plc announced the acquisition and cancellation of 68,380 of its ordinary shares in the United States as part of its share buyback program, which aims to repurchase up to $300 million worth of shares by May 2025. This move is part of CRH’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s confidence in its financial position and future prospects.
More about CRH plc
CRH plc is a leading global diversified building materials group, primarily engaged in the manufacture and supply of a wide range of construction products. The company operates in various segments including aggregates, cement, asphalt, and ready-mixed concrete, serving a broad market focus that includes infrastructure, commercial, and residential construction sectors.
YTD Price Performance: -1.59%
Average Trading Volume: 425,253
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £50.99B
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