CRH to Leave Dublin Stock Exchange for New York Listing

Ireland’s largest building materials company, CRH, has recently announced its intention to delist from the Irish stock exchange and move its primary listing to the New York Stock Exchange. This decision marks a significant milestone in CRH’s journey towards becoming a truly global player in the construction industry. In this article, we will explore the reasons behind CRH’s move and what it means for the company’s future. We will also take a closer look at CRH’s growth strategy and how this decision fits into its broader plans for expansion.


Construction materials company CRH has almost confirmed its departure from the Dublin stock exchange as it plans to move its primary listing to New York. CRH’s finance chief, Jim Mintern, explained that a secondary listing in Dublin “would not be compatible” with the group’s US move, and the firm is expected to keep a secondary listing in London whilst leaving the FTSE100. Despite the move, the company will remain incorporated, tax resident and headquartered in Ireland. The aim is to join a US equity index, such as the S&P500, which is one of the biggest prizes. A decision is due to be made on 26 April, a day before the CRH’s annual general meeting.


In conclusion, CRH’s decision to delist from the Irish Stock Exchange and move to the US may come as a surprise to some. However, this move is not uncommon among global companies seeking to tap into larger pools of capital and benefit from more favourable regulatory frameworks. CRH’s success in its new home region will depend on a range of factors, such as its ability to navigate local market conditions and capitalise on growth opportunities. Nevertheless, this development marks a significant turning point for CRH, as it continues to make strides towards becoming a truly international player in the construction materials and infrastructure spaces. We look forward to seeing how the company will evolve in the coming years.