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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

CRH plc ( (CRH) ) just unveiled an update.

CRH plc, a leading building materials company, announced the acquisition and subsequent cancellation of 67,770 of its ordinary shares in the United States through its broker, TD Securities (USA) LLC. This move is part of CRH’s share buyback program, which aims to repurchase up to $300 million worth of shares by May 2, 2025. The transaction reflects CRH’s strategic focus on optimizing its capital structure and returning value to shareholders, potentially enhancing its market position and stakeholder confidence.

More about CRH plc

YTD Price Performance: 1.08%

Average Trading Volume: 472,232

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £50.56B

For an in-depth examination of CRH stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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