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CRH plc Launches Share Buyback Program
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CRH plc, a global building materials group, has initiated a share buyback program through the acquisition of its own ordinary shares in the United States via Barclays Capital. The acquired shares will be canceled as part of the buyback program, targeting up to $300 million worth of ordinary shares by 9th May 2024.
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How might CRH's share buyback program impact its stock price and market perception?
In what ways could the share buyback program affect CRH's capital structure and financial flexibility?
What factors influence a company's decision to initiate a buyback program rather than pay dividends?
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