CRH (NYSE: CRH), the leading provider of building materials solutions, is pleased to announce that it has completed the latest phase of its share buyback program, returning a further $0.3 billion of cash to shareholders.
CRH (NYSE: CRH), the leading provider of building materials solutions, is pleased to announce that it has completed the latest phase of its share buyback program, returning a further $0.3 billion of cash to shareholders.
Between May 6, 2025 and August 5, 2025, 3.2 million ordinary shares listed on the New York Stock Exchange were repurchased. This brings total cash returned to shareholders under our ongoing share buyback program to $9.1 billion since its commencement in May 2018.
CRH today also announces that it has entered into an arrangement with BNP Paribas Securities Corp. (“BNPP”) to independently conduct a buyback program to repurchase ordinary shares listed on the New York Stock Exchange on CRH’s behalf for an aggregate maximum consideration of up to $0.3 billion (the “Buyback”). The Buyback will commence on August 7, 2025, and will end no later than November 5, 2025.
The maximum number of ordinary shares which may be acquired pursuant to the Buyback is 65,000,000. The purpose of the Buyback is to reduce the share capital of CRH and the repurchased ordinary shares will be cancelled. No repurchases will be made outside of the United States.
The Buyback will be conducted within the parameters prescribed by the relevant buyback safe harbors under the U.S Securities Exchange Act and the UK Market Abuse Regulation (each as amended or supplemented).
Any decision in relation to any future buyback program will be based on an ongoing assessment of the capital needs of the business and general market conditions.