|Bid||28.58 x 22668600|
|Ask||28.60 x 31295800|
|Day's Range||28.53 - 28.83|
|52 Week Range||21.71 - 33.09|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Irish building materials group CRH has had a lot of interest in its European distribution arm ahead of a decision in the next two to three months on whether to trigger a sale, Chief Executive Albert Manifold said on Thursday. Reuters reported on April 12 that CRH had hired Bank of America to launch the sale of the unit as soon as next month and that a potential 2 billion euro deal had already drawn interest from a series of buyout funds including Advent, Lone Star and CVC. "We've had a lot of people (interested)... It's an area that there has been a lot of interest in, the distribution space.
Ireland's CRH announced an additional 350 million euros in share buybacks and forecast growth for the year after the building materials group reported a 7 percent rise in first-quarter sales on Wednesday. The world's second-biggest building materials supplier by market capitalisation launched its first share buyback programme in a decade last year and had completed the repurchase of 1 billion euros of shares by the end of March. On Wednesday citing its strong balance sheet and cash generation it said it planned to buy back a further 350 million euros of shares before it reports its half-year results on Aug 22.
Stocks in Europe climbed for a fourth straight session on Wednesday, propped up by positive sentiment about a potential U.S.-China trade deal, hopes of a smoother Brexit and strong economic data in China and the Eurozone. White House economic adviser Larry Kudlow on Tuesday said "more headway" is expected to be made in U.S.-China trade talks this week, while U.K. Prime Minister Theresa May met opposition leader Jeremy Corbyn on Wednesday, seeking a way out of a Brexit stalemate.
With CRH PLC (CRH) it's making a big mistake by continuing to discount the stock. CRH is an Irish manufacturer and distributor of a broad range building materials products and while construction materials remain a fundamental building blocks of our society, CRH is likely to continue growing, despite the short-term hiccup. Warning! GuruFocus has detected 2 Warning Sign with CRH.
With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was Royal Caribbean Cruises Ltd. (NYSE:RCL). Royal Caribbean Cruises Ltd. (NYSE:RCL) […]
On the 26 September 2018, CRH plc (ISE:CRG) will be paying shareholders an upcoming dividend amount of €0.20 per share. However, investors must have bought the company’s stock before 06Read More...
How far off is CRH plc (ISE:CRG) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is fairlyRead More...
This article is intended for those of you who are at the beginning of your investing journey and want a simplistic look at the return on CRH plc (ISE:CRG) stock.Read More...
Construction company CRH Plc agreed to divest facilities in three states in order to win U.S. antitrust approval to buy Ash Grove Cement Co, the Federal Trade Commission said on Thursday. Already North ...