CRH plc announced on March 13 2026 that it intends to delist its ordinary shares and 7 % preference shares from the London Stock Exchange, with the delisting expected to become effective on April 20 2026 and the last day of trading on the LSE scheduled for April 17 2026.
The company will also cancel its 5 % and 7 % preference shares in exchange for cash payments of €2.54 per 5 % share and €3.556 per 7 % share. Shareholder approval will be sought at the ordinary‑shareholder meeting on May 7 2026 and the preference‑shareholder meeting on May 21 2026, with the cancellations expected to take effect in mid‑2026.
CRH’s decision follows a review of LSE trading activity and the associated costs and regulatory obligations. By consolidating its primary listing to the New York Stock Exchange—where it accounts for roughly 75 % of EBITDA—the company aims to reduce dual‑listing expenses and streamline its capital structure.
The announcement comes after CRH reported record 2025 financials, including revenues of $37.4 billion, net income of $3.8 billion, adjusted EBITDA of $7.7 billion, and diluted earnings per share of $5.51, providing a strong financial foundation for the restructuring.
By simplifying its share classes and focusing on a single primary market, CRH expects to enhance shareholder value, lower administrative costs, and position itself to pursue growth opportunities in North America and beyond.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.