CRH Advances $300m Buyback With New U.S. Share Purchases
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CRH plc ( (CRH) ) just unveiled an announcement.
CRH plc has continued its share buyback activity in the U.S. market, repurchasing and redeeming 55,837 ordinary shares on 26 February 2026 via broker Wells Fargo Securities at a volume-weighted average price of about $119.79 per share. The repurchased shares will be cancelled, reducing the company’s free-float and potentially enhancing earnings per share over time while signalling management’s confidence in the business.
The transactions form part of CRH’s previously announced plan to buy back up to $300 million of ordinary shares by 28 April 2026, reinforcing an ongoing capital return strategy alongside regular dividends. Following settlement and cancellation, CRH will have 669,988,999 ordinary shares in issue and hold 35,661,896 shares in treasury, equivalent to just over 5% of its issued share capital, with treasury shares carrying no voting rights, a detail of interest for governance-focused investors.
More about CRH plc
CRH plc is a global building materials group that supplies aggregates, cement, ready-mixed concrete, asphalt, and related construction products and services. The company is a major player in infrastructure and construction markets, with a significant presence in North America and Europe, serving both public-sector projects and private-sector building and renovation demand.
Learn more about CRH stock on TipRanks’ Stock Analysis page.
