CRH completes third phase of share buyback

CRH completes third phase of share buyback
31 December 2018

CRH has completed the third phase of its share buyback programmeBetween 27 November and 21 December 2018, 4.1m ordinary shares were repurchased on the London Stock Exchange, bringing total cash returned to shareholders under the ongoing EUR1bn share buyback programme to EUR800m. 

The company also announced that it has entered into arrangements with UBS AG, London Branch (“UBS”) to repurchase ordinary shares on CRH’s behalf for a maximum consideration of EUR200m. This fourth phase will begin on 2 January 2019 and end no later than 29 March, according to a press release.

Published under Cement News

Tagged Under: CRH Ireland share purchase