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CRH plc ( (CRH) ) just unveiled an update.
CRH plc, a major player in the construction and building materials industry, has announced a significant buyback of its ordinary shares. On January 14, 2025, the company acquired 37,440 shares across multiple trading venues in the United States as part of a larger $300 million buyback program. These shares will be subsequently canceled, reflecting CRH’s strategic decision to optimize its capital structure. The move is part of an ongoing program announced in November 2024, and the company now holds a substantial portion of its shares in treasury, representing over 5.7% of its issued share capital.
More about CRH plc
YTD Price Performance: 2.21%
Average Trading Volume: 414,307
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £51.62B
Find detailed analytics on CRH stock on TipRanks’ Stock Analysis page.