leadf
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: 2790 GBX

LSE:CRH
Market: LSE
Market Cap: £21.9 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

Kavango Metals 'gearing up' after announcing Botswana joint venture with...

Kavango Resources PLC's (LON:KAV) Mike Moles speaks to Proactive London following the announcement of the Botswana strategic joint venture with Power Metal Resources. The venture will see the formation of a new, jointly owned, privately held company that is focussed on large-scale mineral...

12 hours, 59 minutes ago

2 min read