Welcome to our dedicated page for CRH Public Company news (Ticker: $CRH), a resource for investors and traders seeking the latest updates and insights on CRH Public Company stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CRH Public Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CRH Public Company's position in the market.
Rhea-AI Summary
CRH plc announces the impact of transitioning to U.S. GAAP on its financial results for 2021 and 2022, with equivalent disclosures for 2023 to be provided in February 2024. The company's outlook guidance for 2023 was issued on an IFRS basis, and financial restatements under U.S. GAAP for 2021 and 2022 are now available on www.crh.com.
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End-of-Day
1.8%
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Caterpillar Inc. (CAT) signs electrification strategic agreement with CRH (CRH) to deploy zero-exhaust emissions solutions. CRH, the leading aggregates producer in North America, partners with Caterpillar to accelerate the deployment of 70 to 100-ton-class battery electric off-highway trucks and charging solutions. The collaboration aims to support CRH's climate-related objective of reducing greenhouse gas emissions by 30% by 2030 and achieving net-zero emissions by 2050.
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End-of-Day
1.15%
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CRH plc (CRH) has successfully completed the first phase of its lime operations divestment in Europe, generating a total consideration of approximately $1.1 billion. The agreement, announced on November 22, 2023, includes the divestment of lime operations in Germany, Czech Republic, and Ireland. For further inquiries, contact CRH at +353 1 404 1000. Key executives include Albert Manifold, Chief Executive; Jim Mintern, Chief Financial Officer; Frank Heisterkamp, Director of Capital Markets & ESG; and Tom Holmes, Head of Investor Relations.
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-0.23%
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Oldcastle APG (CRH) acquires Waupaca Northwoods facility, expanding into Western US soils, barks, mulches, and decorative stone market
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End-of-Day
1.8%
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CRH plc (CRH) Completes $1.0 Billion Share Buyback Program, Repurchases 17.1 Million Ordinary Shares, and Enters $300 Million Buyback Arrangement with Citigroup Global Markets Inc.
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Rhea-AI Sentiment
End-of-Day
1.8%
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CRH plc (CRH) and the Barro Group have entered into an agreement with Adbri Ltd (Adbri) for a potential transaction to acquire Adbri, recommended by the Independent Board Committee. The Offer is for A$3.20 per share, representing a multiple of approximately 9x enterprise value to expected 2023 underlying EBITDA. CRH would acquire the remaining approximately 57% of Adbri's shares not owned by Barro with the intention to delist Adbri from the ASX. The agreed cash consideration values Adbri at an equity valuation of A$2.1 billion (US$1.4 billion) on a 100% basis.
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Rhea-AI Sentiment
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-0.19%
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CRH plc (CRH) has reached an agreement to divest its lime operations in Europe to SigmaRoc plc for $1.1 billion. The Business comprises 16 operating locations with leading market positions across Ireland, the UK, Germany, Czech Republic, and Poland. The combined Business generated sales of $610 million and EBITDA of $137 million in 2022. The transaction is structured in three phases, with the first phase expected to complete in early 2024, and the remaining phases in 2024. CRH's Chief Executive, Albert Manifold, highlighted that the divestment decision follows a comprehensive review of the Business and demonstrates CRH's active approach to portfolio management, providing significant additional capital allocation opportunities for further growth and value creation for shareholders.
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0.16%
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CRH plc (CRH) has agreed to acquire cement and readymixed concrete assets in Texas, USA, from Martin Marietta Materials, Inc. for $2.1 billion. The assets are expected to generate pro-forma 2023 EBITDA of approximately $170 million. The acquisition includes a 2.1mt capacity cement plant, a network of terminals, and a portfolio of 20 readymixed concrete plants. The transaction reflects CRH's commitment to delivering growth and value creation for its shareholders. The proposed transaction is subject to regulatory approval and is expected to complete in H1 2024.
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Rhea-AI Sentiment
End-of-Day
4.07%
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Oldcastle APG, a CRH Company, has announced the grand re-opening of its Permacon hardscape production facility in Anjou, Quebec, after extensive renovation and the addition of state-of-the-art MASA equipment. The upgrades at the Anjou facility will almost double current local manufacturing capabilities to meet increased demand in the residential market in the area.
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0.75%
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CRH plc successfully transitions primary listing to NYSE, expects increased opportunities in the US construction market
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End-of-Day
3.24%
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CRH Public Limited Company
NYSE:CRH
CRH Rankings
CRH Stock Data
55.22B
648.70M
0.48%
73.29%
1.09%
Cement Manufacturing
Manufacturing
United States of America
DUBLIN 16
About CRH
CRH plc is an international group of diversified building materials businesses whose headquarters is in Dublin, Ireland. It manufactures and supplies a wide range of products for the construction industry.