logo-loader
viewCRH PLC

CRH kicks off third phase of its share buyback programme

Under its share buyback programme, the FTSE 100 construction giant has already returned around €700mln of cash to shareholders

1542698646_shutterstock_1159523953.jpg
CRH's share buyback programme will see it buy back up to 10% of its share capital

CRH PLC (LON:CRH) has started the third phase of its share buyback programme which will see shares worth up to €100mln acquired.

Having already completed the first and second phases of its share buyback programme, under which around €700mln of cash was returned to shareholders, the FTSE 100 construction giant kicked off the third phase today. It will close at the end of December, the company said.

READ: CRH earnings inch up in first half despite weather disruption and “challenging” Philippines market

The company’s share buyback programme will see CRH buy back up to 10% of its share capital.

CRH recently reported a rise in sales and earnings in the first half of its financial year despite issues surrounding weather conditions and difficulties in the Philippines.

Quick facts: CRH PLC

Price: 2963 GBX

LSE:CRH
Market: LSE
Market Cap: £23.37 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Proactive Analyst Ed Stacey looks at Itaconix

Insight from Ed Stacey on Itaconix (LON:ITX) as it agreed to terminate its agreement for Nouryon to exclusively distribute Itaconix polymers, following their statement. Word here too from Stacey on how Itaconix is still selling well in the dishwashing detergent space and where that leaves the...

16 minutes ago

RNS

Transaction in Own Shares

8 hours, 18 minutes ago

Transaction in Own Shares

3 days, 8 hours ago

Transaction in Own Shares

4 days, 8 hours ago

Transaction in Own Shares

4 days, 8 hours ago

Transaction in Own Shares

5 days, 8 hours ago

Transaction in Own Shares

6 days, 8 hours ago

Transaction in Own Shares

1 week, 3 days ago

2 min read