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CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Post by WINDGOD46on Oct 04, 2017 5:49pm
287 Views
Post# 26777774

Buying back shares

Buying back sharesReducing the float is always a noble idea, but this is a practice with mature companies and not junior growth ones. CRH needs all the cash it can get to broaden its market base and be profitable. Reducing the float will reduce its ability to finance new acquisitions and i don't think it's a practical idea. On the other hand, we must admit since the company generates FCF, it may be an opportunity to reduce the float now that the sp is very low,  and extend the time line for accretive acquisitions in the future. There are pros and cons to consider and i am sure Management will consider both. 
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