3rd Jan 2008 07:05
CRH PLC03 January 2008 N E W S R E L E A S E 3 January 2008 CRH plc ANNOUNCES SHARE REPURCHASE PROGRAMME CRH plc, the international building materials group, announces that the Boardhas decided to introduce a share repurchase programme of up to 5% of the 547million shares currently in issue. Shares repurchased on CRH's behalf under theprogramme will be held as Treasury Shares. As shares will initially be repurchased during the close period prior to theannouncement of CRH's Preliminary Results for 2007 on Tuesday 4 March 2008, CRHhas entered irrevocable non-discretionary agreements with Davy Stockbrokers andUBS to purchase shares during this close period which runs from 4 January 2008up to and including 3 March 2008. Any purchases will be effected within certain pre-set parameters, and inaccordance with both CRH's general authority to repurchase shares and Chapter 9of the Irish Listing Rules which require that the maximum price paid be limitedto no more than 105 per cent of the average market value of CRH's shares for the5 business days immediately preceding the date of purchase. CRH confirms that itcurrently has no unpublished price sensitive information. ________________________________________________________________________________Contact CRH at Dublin 404 1000 (+353 1 404 1000)Liam O'Mahony Chief ExecutiveMyles Lee Finance DirectorEimear O'Flynn Head of Investor RelationsMaeve Carton Group Controller CRH plc, Belgard Castle , Clondalkin, Dublin 22, Ireland TELEPHONE +353.1.4041000 FAX +353.1.4041007E-MAIL [email protected] WEBSITE www.crh.com Registered Office, 42 Fitzwilliam Square , Dublin 2, Ireland This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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