CRH says third stage of buyback will commence today

CRH disclosed that between June 30 and September 22, 17.7M ordinary shares were repurchased on Euronext Dublin and the London Stock Exchange. CRH today also announces that it has entered into non-discretionary arrangements with Merrill Lynch International and BofA Securities to repurchase ordinary shares on CRH’s behalf for an aggregate maximum consideration of up to $1B on the London Stock Exchange and/or in the United States, respectively. The buyback will commence today September 25, on the London Stock Exchange and no earlier than October 23 in the United States. This $1B tranche is the third stage of CRH’s wider $3B program announced on March 2.