CRH Cancels 61,000 Shares in Ongoing $300m Buyback Programme
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
CRH plc ( (CRH) ) has provided an announcement.
CRH plc has repurchased 61,192 of its ordinary shares in the U.S. market on 25 February 2026 through Wells Fargo Securities, at a volume-weighted average price of $121.3689 per share, with all acquired shares to be cancelled. Following these transactions, CRH will have 670,044,836 ordinary shares in issue and 35,661,896 shares held in treasury, as part of a broader buyback programme of up to $300 million running to late April 2026, signaling continued capital returns and balance-sheet optimization for shareholders.
The buyback, executed across multiple U.S. trading venues including NYSE and Nasdaq-linked platforms, marginally reduces CRH’s free float while maintaining a treasury position representing just over 5% of issued share capital. By shrinking its share count under the ongoing repurchase programme, CRH is likely to enhance earnings per share and underscore management’s confidence in the group’s financial strength and long-term cash generation, which may support shareholder value in a cyclical construction sector.
More about CRH plc
CRH plc is a global building materials group, supplying aggregates, cement, ready-mixed concrete, asphalt, and construction solutions to infrastructure, commercial, and residential markets. The company operates across North America and Europe, with its shares listed in the U.S. and focused on large-scale construction and infrastructure demand.
For detailed information about CRH stock, go to TipRanks’ Stock Analysis page.
