business

‘Important milestone’: CRH completes transition to New York exchange

Building materials giant will retain a standard listing on the London Stock Exchange

Albert Manifold, chief executive of CRH, said the move would aid the company’s growth. Picture: CRH

CRH has completed the transition of its primary listing to the New York Stock Exchange (NYSE). The building materials group will retain a standard listing on the London Stock Exchange. The move follows CRH delisting from the ISEQ last week.

In a statement on Monday, the business said a primary listing in the US would bring “increased commercial, operational and acquisition opportunities” for CRH with North America accounting for around 75 per cent of its ...