CRH plc ( ($CRH) ) just unveiled an announcement.
CRH plc announced the acquisition and subsequent cancellation of 50,000 of its ordinary shares in the US, as part of a share buyback program aimed at repurchasing up to $300 million worth of shares by February 26, 2025. This move is part of a strategic effort to manage the company’s capital structure, potentially enhancing shareholder value by reducing the number of shares in circulation, which may positively impact earnings per share.
More about CRH plc
CRH plc is a leading global building materials company involved in the manufacture and supply of a diverse range of building products. It operates in various markets, focusing on delivering building materials for construction and infrastructure projects.
YTD Price Performance: 8.61%
Average Trading Volume: 364,554
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £53.77B
For detailed information about CRH stock, go to TipRanks’ Stock Analysis page.
