9th Aug 2019 09:19
(Alliance News) - CRH PLC on Friday said it is considering further buybacks after returning another EUR350 million to shareholders.
The building materials firm repurchased 12.2 million of its own shares between April 29 and Wednesday this week in the most recent phase of its share buyback programme.
The shares were repurchased at an average 0.8% discount to the volume weighted price of shares during the period.
CRH has returned EUR1.35 billion to shareholders since the programme began in May 2018.
Looking ahead, CRH said more share buybacks are being actively considered, with details to follow in its August 22 interim results announcement.
Shares in CRH were down 0.8% at 2,639.00 pence in London on Friday morning.
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