CRH plc (LON: CRH), the global building materials group, has today announced that it has completed the latest phase of its share buyback programme, returning a further €350 million of cash to shareholders.
Between 29 April and 7 August 2019, 12.2 million ordinary shares were repurchased on the London Stock Exchange and Euronext Dublin at an average discount of 0.75% to the volume weighted average price over the period.
This brings total cash returned to shareholders under our ongoing share buyback programme to €1.35 billion since its commencement in May 2018. Further share buybacks are under active consideration and details will be announced as part of our Interim Results announcement on 22 August 2019.
CRH (LON: CRH, ISE: CRG, NYSE: CRH) is the leading building materials business in the world, employing c.90,000 people at c.3,700 operating locations in 32 countries. It is the largest building materials business in North America, the largest heavyside materials business in Europe and has a number of strategic positions in the emerging economic regions of Asia and South America. CRH manufactures and supplies a range of integrated building materials, products and innovative solutions which can be found throughout the built environment, from major public infrastructure projects to commercial buildings and residential structures. 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 NYSE.