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An announcement from CRH plc ( (CRH) ) is now available.
CRH plc has announced the acquisition and cancellation of a substantial number of its own ordinary shares in the United States, as part of its share buyback program. This move, intended to buy back up to $300 million worth of shares by February 2025, reflects CRH’s strategy to optimize shareholder value and manage its capital structure effectively, potentially strengthening its market position and benefiting stakeholders.
More about CRH plc
CRH plc is a leading global building materials company that manufactures and distributes a wide range of construction products. The company focuses on delivering value through its diversified portfolio of products and operates in markets worldwide, enhancing infrastructure and providing essential materials for construction projects.
YTD Price Performance: 45.31%
Average Trading Volume: 681,103
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £52.47B
For a thorough assessment of CRH stock, go to TipRanks’ Stock Analysis page.