Crh Plc Stock Price, News & Analysis

CRH plc has completed an additional phase of its share buyback program, returning $0.3 billion to shareholders. A total of 5.8 million ordinary shares were repurchased from March 8 to June 24, 2021, at an average discount of 1.03% to the period's volume weighted average price. This brings the total cash returned under the ongoing buyback program to $2.3 billion since May 2018, signaling a strong commitment to enhancing shareholder value. Further buybacks are currently under consideration.

Oldcastle APG has acquired EP Henry, a manufacturer of hardscape and masonry products in the Mid-Atlantic region. The acquisition, finalized on June 21, 2021, enhances Oldcastle APG's portfolio, which includes brands like Belgard and Echelon. EP Henry, known for its quality products since 1903, operates seven facilities across four states, providing a range of outdoor living products. The deal supports Oldcastle APG's strategy of expanding its market presence through recent acquisitions.

CRH PLC announces the appointment of Jim Mintern as the new Group Finance Director, effective from June 1, 2021. This transition follows the earlier announcement on March 23, 2021, where it was confirmed that Mintern would succeed Senan Murphy. CRH, a leading global building materials company, operates with approximately 77,000 employees across 3,100 locations in 29 countries. They are recognized as the largest building materials company in North America and Europe.

CRH PLC Trading Update - April 2021

CRH PLC reported a positive start to 2021 with a 3% increase in Q1 like-for-like sales. Key highlights include a strong demand and pricing across markets, $0.2 billion in acquisitions, and a completed $0.2 billion divestment of its Brazil cement business. The ongoing share buyback program aims to return $0.3 billion to shareholders by June. The company expects H1 EBITDA to be significantly higher than the previous year due to COVID-19 disruptions. The outlook remains optimistic despite near-term uncertainties.

CRH plc has published the Notice of its 2021 Annual General Meeting along with the Form of Proxy, which shareholders can view on the company's website. The documents have been submitted to the U.K. National Storage Mechanism and Euronext Dublin, where they will soon be available for inspection. Shareholders can expect to receive the documents by March 31, 2021. For further inquiries, Neil Colgan, the Company Secretary, can be contacted.

CRH plc announced the appointment of Caroline Dowling as a non-executive Director, effective March 22, 2021. With extensive operational experience, including a previous role as Business Group President at Flex, Dowling is expected to enhance the Board's strategic direction. Her experience spans global technology operations, making her insights valuable as CRH aims to drive shareholder value. The company continues to be a major player in the building materials sector worldwide.

CRH plc has announced the appointment of Jim Mintern as the new Group Finance Director, effective June 1, 2021, succeeding Senan Murphy. Jim, a Chartered Accountant, brings over 30 years of experience in the building materials industry, including nearly 20 years at CRH. He has held various senior roles, including Country Manager for Ireland and Chief of Staff to the CEO. Albert Manifold, Group Chief Executive, expressed confidence in Jim's financial and industry expertise at a critical time for the Group.

CRH plc has released its 2020 Annual Report and filed Form 20-F, which is now available online. The report is also submitted to the U.K. National Storage Mechanism and Euronext Dublin. Shareholders in the U.S. can request a hard copy at no cost, with physical copies expected to be mailed by March 31, 2021. This filing has implications for transparency and regulatory compliance, crucial for investor information.

CRH plc has launched a share buyback programme, aiming to repurchase up to $300 million worth of ordinary shares. This initiative follows its 2020 Full Year Results announcement on March 4, 2021. The buyback will take place on Euronext Dublin and will run from March 8, 2021, until no later than June 24, 2021. A maximum of 50,000,000 shares will be repurchased, aimed at reducing share capital. The programme aligns with shareholder approvals and regulatory requirements.