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CRH plc Progresses Share Buyback Program

tipranks.com 3 days ago

CRH plc (CRH) has released an update.

CRH plc has announced the acquisition and subsequent cancellation of 65,195 of its own ordinary shares on July 3, 2024, as part of its $300 million share buyback program set to conclude by August 7, 2024. The transactions, conducted through its broker HSBC Securities (USA) Inc., reflect the company’s strategy to reduce outstanding shares, with the share price paid ranging between $72.46 and $73.42. Following these transactions, CRH will have 683,763,495 ordinary shares in issue, excluding treasury shares, and will hold 41,153,772 ordinary shares in treasury.

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

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