Markets

CRH sets off on its American adventure with move to NYSE

The Irish-based building materials giant is migrating its primary stock market listing to New York to take advantage of Biden’s $1 trillion infrastructure bill

Albert Manifold, chief executive, CRH: has said that CRH is a ‘de facto’ American company. Picture: Maura Hickey

CRH took one step closer to its American dream last week after shareholders overwhelmingly approved the company’s plan to migrate its primary stock market listing to New York.

At a subdued emergency general meeting (EGM) held in Dublin on Thursday morning, almost 96 per cent of voters backed the technical resolutions that will allow CRH to list on the New York stock exchange (NYSE) by September of this year. The only real concerns raised by ...