7th Jan 2020 08:14
(Alliance News) - CRH PLC on Tuesday said it has completed the latest phase of its share buyback programme, which returned EUR240 million to shareholders.
Between the end of August and January 3, the Irish building-materials company bought back 7.6 million shares at an average discount of 3.1% to the volume weighted average price over the period.
CRH shares were up 0.5% on Tuesday morning in London at 3,040.00 pence each.
Dublin-based CRH also said it has reached an agreement with broker J&E Davy to carry out a new share repurchase programme to return a further EUR200 million. The programme will start January 7 and will end "no later than" March 31.
By Ife Taiwo; [email protected]
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