CRH PLC CRH Completes Phase 2 of Share Buyback Programme (6499E)
October 22 2018 - 2:00AM
UK Regulatory
TIDMCRH
RNS Number : 6499E
CRH PLC
22 October 2018
Press Release
CRH Completes Phase 2 of Share Buyback Programme
CRH plc, the global building materials group, is pleased to
announce that it has completed the second phase of its share
buyback programme, returning a further EUR350 million of cash to
shareholders.
Between 29 August and 18 October 2018, 12.5 million ordinary
shares were repurchased on the London Stock Exchange and Euronext
Dublin at an average discount of 1.3% to the volume weighted
average price over the period.
This brings total cash returned to shareholders under our
ongoing EUR1 billion share buyback programme to approximately
EUR700 million. The remaining portion of our buyback programme is
under active consideration and further details will be announced in
due course.
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Contact CRH at Dublin 404 1000 (+353 1 404 1000)
Albert Manifold Chief Executive
Senan Murphy Finance Director
Frank Heisterkamp Head of Investor
Relations
About CRH
CRH (LSE: CRH, ISE: CRG, NYSE: CRH) is a leading global
diversified building materials group, employing 85,000 people at
over 3,600 operating locations in 32 countries worldwide. CRH is
the second largest building materials company worldwide and the
largest in North America. The Group has leadership positions in
Europe, where it is the largest heavyside materials business, as
well as established strategic positions in the emerging economic
regions of Asia and South America. CRH is committed to improving
the built environment through the delivery of superior materials
and products for the construction and maintenance of
infrastructure, housing and commercial projects. A Fortune 500
company, CRH is a constituent member of the FTSE 100 index, the
EURO STOXX 50 index, the ISEQ 20 and the Dow Jones Sustainability
Index (DJSI) Europe. CRH's American Depositary Shares are listed on
the New York Stock Exchange (NYSE). CRH's market capitalisation at
30 September 2018 was approximately EUR23 billion. For more
information visit www.crh.com.
Registered Office: No 12965. Registered Office: 42 Fitzwilliam
Square, Dublin 2, R02 R279, Ireland
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END
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