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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

Comment by WINDGOD46on Oct 02, 2018 9:58am
80 Views
Post# 28728328

RE:CRH Medical stock purchases

RE:CRH Medical stock purchasesI would not bet on that , that the company would buy 10million shares. The original mandate was to buy back 10% of the shares outstanding and that is about 7.3 million, or 10% of 73million shares. And not even that. If you read carefully the co can buy "up to" 10% of the shares outstanding. And the deadline i suppose was untill the end of September, unless the company is going to renew the mandate, which i doubt, because the compsny needs the funds for more acquisitions and not buy backs. The company is a growth company and it needs the funds to grow its base. For the shortsighted shareholders, the best thing is to buy back shares in order to boost the price of the stock. But if you have a long term horizon the best thing is to expand its market share and thrive in the future. And i am of that persuation. GL
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