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CRH Cement Trading Volume Surges 61.68% to $322 Million Ranking 289th in Daily Turnover
Generated by AI AgentAinvest Volume Radar
Monday, Jun 9, 2025 8:01 pm ET1min read
On June 9, 2025,
(CRH) saw a significant increase in trading volume, with a total turnover of $322 million, marking a 61.68% rise from the previous day. This surge placed in the 289th position in terms of trading volume for the day. The stock price of CRH Cement also rose by 0.69%.CRH plc, a prominent player in the building materials sector, has initiated a substantial share buyback program. The company announced the acquisition and subsequent cancellation of a large number of its ordinary shares in the United States. This initiative is part of a broader program aimed at repurchasing up to $300 million worth of shares by August 2025. The transactions, facilitated through BNP Paribas Securities Corp, are anticipated to alter the company's share capital structure by reducing the number of shares in circulation. This move is expected to potentially enhance shareholder value by increasing the earnings per share and potentially boosting the stock price.
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