24th Dec 2021 13:02
(Alliance News) - CRH PLC on Friday launched a fresh USD300 million share buyback, which will run to March next year at the latest.
The Irish building materials firm has entered into arrangements with French bank Societe Generale to repurchase the shares, and said the buyback is being carried out in order to reduce its share capital.
Since the ongoing share buyback programme started in Mary 2018, it has so far returned USD2.9 billion to shareholders.
Share in CRH closed up 0.7% at 3,885.00 pence in London on Friday.
By Lucy Heming; [email protected]
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