CRH, a global building materials group from Ireland, has completed the fourth phase of its share buyback programme, returning a further €200 million of cash to shareholders.
CRH says between 2 January and 29 March 2019, 7.6 million ordinary shares were repurchased on the London Stock Exchange and Euronext Dublin at an average discount of 0.6% to the volume weighted average price over the period.
This brings total cash returned to shareholders under our share buyback programme to approximately €1 billion over the last 12 months, the company adds.
Further share buybacks are under active consideration and details will be announced as part of our Trading Update announcement on 24 April 2019.
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