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CRH plc ( (CRH) ) has shared an update.
CRH plc, a leading global building materials company, announced that it has repurchased a number of its ordinary shares through its broker, Mizuho Securities USA LLC, on December 31, 2024. The shares acquired will be canceled, and this transaction is part of CRH’s ongoing share buyback program that aims to repurchase shares worth up to $300 million by February 26, 2025. This move is expected to impact CRH’s market position by potentially increasing shareholder value and reducing the number of shares in circulation, thus enhancing earnings per share. The transaction complies with the Market Abuse Regulation as applicable in the UK.
More about CRH plc
Average Trading Volume: 626,823
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £50.2B
For a thorough assessment of CRH stock, go to TipRanks’ Stock Analysis page.
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