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An announcement from CRH plc ( (CRH) ) is now available.
CRH plc, a leading global building materials group, has announced the acquisition and subsequent cancellation of a significant number of its own ordinary shares through its broker, Mizuho Securities USA LLC, as part of a buyback programme. This programme, intended to buy back shares up to $300 million by February 2025, is part of CRH’s ongoing strategy to manage its capital and enhance shareholder value. The cancellation of these shares will reduce the total number of shares in circulation, potentially impacting the company’s market dynamics and shareholder proportions.
More about CRH plc
YTD Price Performance: 45.99%
Average Trading Volume: 680,003
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £52.65B
See more insights into CRH stock on TipRanks’ Stock Analysis page.
