CRH plc Continues $300M Share Buyback Strategy
Company Announcements

CRH plc Continues $300M Share Buyback Strategy

CRH plc (CRH) has released an update.

CRH plc has repurchased over 42,000 of its own ordinary shares through BNP Paribas Securities Corp in the U.S., as part of a $300 million buyback program set to run until November 6, 2024. These shares, acquired at a daily volume-weighted average price of approximately $93, will be cancelled, reducing the company’s share count to 679,665,708 shares in issue. This strategic move is aimed at enhancing shareholder value and optimizing the company’s capital structure.

For further insights into CRH stock, check out TipRanks’ Stock Analysis page.

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