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CRH plc ( (CRH) ) just unveiled an announcement.
CRH plc has executed a buyback program, acquiring 27,000 of its ordinary shares in the U.S. on December 23, 2024, with plans to cancel them, as part of its strategy to repurchase up to $300 million in shares by February 2025. This move is aligned with CRH’s broader financial strategy, potentially impacting its shareholder value and market perception positively by reducing the number of outstanding shares, thereby increasing earnings per share.
More about CRH plc
CRH plc operates in the construction industry, focusing on building materials manufacturing and distribution. The company is engaged in producing cement, aggregates, and other essential materials for construction projects, positioning itself as a leader in the global building materials sector.
YTD Price Performance: 41.22%
Average Trading Volume: 678,733
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £51.09B
For a thorough assessment of CRH stock, go to TipRanks’ Stock Analysis page.
