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Stock impact report

CRH Recommences Share Buyback Programme

CRH PLC Ordinary Shares (CRH) 
US:NYSE Investor Relations: crh.com/investors/results-centre
Company Research Source: Accesswire
DUBLIN, IRELAND / ACCESSWIRE / March 8, 2021 / As part of its 2020 Full Year Results on 4 March 2021, CRH plc announced its intention to recommence its share buyback programme with a further tranche of up to $300 million.CRH today announces that it has entered into arrangements with Societe Generale to repurchase ordinary shares on CRH's behalf for a maximum consideration of $300 million (the "Buyback"). The Buyback will commence today, 8 March 2021, and will end no later than 24 June 2021.Under the terms of the Buyback, ordinary shares will be repurchased on Euronext Dublin. CRH has entered into non-discretionary instructions with Societe Generale, acting as principal, to conduct the Buyback on CRH's behalf and to make trading decisions under the Buyback independently of CRH in accordance with certain pre-set parameters.The maximum number of ordinary shares that may be repurchased under the Buyback is 50,000,000. The purpose of the Buyback is to reduce the share capital of CRH. The B Show less Read more
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