Last checked at 27 Nov 2018 07:00
Press Release
Update to Phase 3 of Share Buyback Programme
On 25 April 2018, CRH plc announced its intention to repurchase ordinary shares of up to €1 billion over the next 12 months. CRH announced on 20 November 2018 the commencement of a programme to repurchase ordinary shares for a maximum consideration of €100 million (the "Phase 3 Programme").
CRH today announces that it has entered into non-discretionary instructions with Merrill Lynch International to conduct the Phase 3 Programme on its behalf and to make trading decisions under the Phase 3 Programme independently of CRH in accordance with certain pre-set parameters. The other details of the Phase 3 Programme which were announced on 20 November 2018 remain unchanged.
This announcement relates solely to the Phase 3 Programme and any decision in relation to any future buyback programmes will be based on an ongoing assessment of the capital needs of the business and general market conditions.
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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 |
Registered Office: No 12965. Registered Office: 42 Fitzwilliam Square, Dublin 2, R02 R279, Ireland