STOCK TITAN
  1. Home
  2. News
  3. CRH

CRH Public Limited Company - CRH STOCK NEWS

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.

CRH Public Limited Company (CRH) is a diversified building materials business headquartered in Dublin, Ireland. The company manufactures and supplies a wide range of products for the construction industry, including aggregates, cement, asphalt, and other building materials. CRH operates a vertically integrated business model, ensuring control over every stage of the production process, from raw material extraction to the delivery of finished products.

Over the past decade, CRH has transformed into a leading player in the building materials sector, with a significant focus on upstream activities such as aggregates and cement. North America represents CRH's largest market, accounting for 75% of its EBITDA. In fact, CRH is the largest producer of aggregates and asphalt in the United States.

CRH's recent achievements include the publication of its Annual Report for the fiscal year ending December 31, 2023, which is available on the company's website and the U.K. National Storage Mechanism. The company also filed its quarterly Form 10-Q for the period ending March 31, 2024, with the U.S. Securities and Exchange Commission.

The company's strong financial health is evidenced by consistent revenue growth and strategic partnerships that enhance its market position. CRH's commitment to sustainability and innovation further cements its role as a critical supplier in the construction industry.

For more updates, shareholders are encouraged to visit the official CRH website or contact the Company Secretary for specific queries.

News

CRH Proposal to Acquire Adbri in Australia

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
acquisition
-
News

CRH Agrees $1.1bn Divestment of European Lime

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
none
-
News

CRH Agrees $2.1BN Acquisition in Texas

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.07%
Tags
acquisition
News

Oldcastle APG Strengthens Position in Canada with Expanded Permacon Facility

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
none
-
News

CRH PLC - Transition to US Primary Listing Complete

Rhea-AI Summary
CRH plc successfully transitions primary listing to NYSE, expects increased opportunities in the US construction market
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
Tags
none
-
News

CRH Continues Share Buyback Programme

Rhea-AI Summary
CRH announces $6 billion total cash returned to shareholders through share buyback program since May 2018. Enters into arrangements with Bank of America for a $1 billion buyback. Buyback to commence on 25 September 2023. Maximum number of shares to be acquired is 35,000,000. Purpose is to reduce share capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
Tags
buyback
News

CRH PLC Announces 2023 Interim Results

Rhea-AI Summary
CRH PLC reports strong H1 performance with growth across all key metrics. $0.6bn acquisitions YTD and robust pipeline of opportunities. Transition to US primary listing effective 25 September. Interim dividend +4% & $3bn share buyback underway. Positive outlook with expected FY EBITDA of c. $6.2bn.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
Tags
none
-
News

Oldcastle Infrastructure Expands Water Market Solutions Offering with Hydro International Acquisition

Rhea-AI Summary
Oldcastle Infrastructure, A CRH Company, has acquired Hydro International from funds advised by Agilitas Private Equity LLP. Hydro is a leading provider of stormwater products, wastewater treatment products, wastewater services, and data solutions in North America and Europe. The acquisition enhances Oldcastle Infrastructure's water management offering and strengthens its position in the circular water economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
acquisition
-
News

CRH PLC Announces Results of Scheme Meeting and EGM

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
none
News

CRH PLC Announces Transition to US Primary Listing Approved

Rhea-AI Summary
CRH plc, a leading provider of building materials solutions, has announced the approval of its transition to a US primary listing on the New York Stock Exchange. The company will retain a standard listing on the London Stock Exchange and will de-list from Euronext Dublin. The transition is expected to bring increased commercial, operational, and acquisition opportunities, leading to higher profitability, returns, and cash for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
none

FAQ

What is the current stock price of CRH Public Company (CRH)?

The current stock price of CRH Public Company (CRH) is $100.5 as of November 21, 2024.

What is the market cap of CRH Public Company (CRH)?

The market cap of CRH Public Company (CRH) is approximately 68.5B.

What does CRH Public Limited Company do?

CRH manufactures and supplies a wide range of building materials, including aggregates, cement, asphalt, and more, for the construction industry.

Where is CRH headquartered?

CRH is headquartered in Dublin, Ireland.

What is the significance of North America for CRH?

North America is CRH's largest market, accounting for 75% of its EBITDA. CRH is also the largest producer of aggregates and asphalt in the U.S.

How does CRH ensure quality in its products?

CRH operates a vertically integrated business model, controlling every stage of the production process from raw material extraction to the delivery of finished products.

What recent financial reports has CRH filed?

CRH recently published its Annual Report for the fiscal year ending December 31, 2023, and filed its Form 10-Q for the quarter ending March 31, 2024.

How can I access CRH's financial reports?

CRH's financial reports are available on the company's website and the U.K. National Storage Mechanism. They are also filed with the U.S. Securities and Exchange Commission.

What is CRH's commitment to sustainability?

CRH is committed to sustainability and innovation, focusing on practices that enhance environmental and social responsibility.

Who can I contact for more information about CRH?

For more information, you can contact Neil Colgan, the Company Secretary, at Tel: 00 3531 6344340.

How has CRH transformed over the past decade?

Over the past decade, CRH has focused on expanding its upstream building activities such as aggregates and cement, solidifying its position as a leading building materials business.

Where can I find the latest news about CRH?

The latest news and updates about CRH can be found on their official website and through official financial news services.

Stock CRH logo
CRH Public Limited Company

NYSE:CRH

CRH Rankings

#207 Ranked by Market Cap
#2149 Ranked by Dividends

CRH Stock Data

68.48B
675.37M
0.48%
81.66%
1.68%
Building Materials
Cement, Hydraulic
Link
United States of America
DUBLIN 16