0001654954-20-000194.txt : 20200108 0001654954-20-000194.hdr.sgml : 20200108 20200108061912 ACCESSION NUMBER: 0001654954-20-000194 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200108 FILED AS OF DATE: 20200108 DATE AS OF CHANGE: 20200108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CRH PUBLIC LTD CO CENTRAL INDEX KEY: 0000849395 STANDARD INDUSTRIAL CLASSIFICATION: CEMENT, HYDRAULIC [3241] IRS NUMBER: 000000000 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32846 FILM NUMBER: 20514499 BUSINESS ADDRESS: STREET 1: BELGARD CASTLE CLONDALKIN CITY: DUBLIN IRELAND STATE: L2 ZIP: 22 MAIL ADDRESS: STREET 1: 42 FITZWILLIAM SQUARE CITY: DUBLIN 2 STATE: L2 6-K 1 a9131y.htm CRH CONTINUES SHARE BUYBACK PROGRAMME Blueprint
 
 
UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549
 
 
 
FORM 6-K
 
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A - 16 OR 15D - 16 OF
THE SECURITIES EXCHANGE ACT OF 1934

 
 
07 January 2020
Commission File No. 001-32846
 
____________________________


CRH public limited company
(Translation of registrant's name into English)
 
 
____________________________
 
 
Belgard Castle, Clondalkin,

Dublin 22, Ireland.

(Address of principal executive offices)
____________________________

 
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:

 
Form 20-F X Form 40-F___
 
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1):_________
 
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):________
 
 
 
 


 
 
 
Enclosure: CRH Continues Share Buyback Programme
 
 
 
Press Release
CRH Continues Share Buyback Programme
 
CRH plc, the global building materials group, is pleased to announce that it has completed the latest phase of its share buyback programme, returning a further €240 million of cash to shareholders.
 
Between 26 August 2019 and 3 January 2020, 7.6 million ordinary shares were repurchased on Euronext Dublin at an average discount of 3.1% to the volume weighted average price over the period.
 
CRH today also announces that it has entered into arrangements with J&E Davy ("Davy") to repurchase ordinary shares on CRH's behalf for a maximum consideration of €200 million (the "Buyback"). The Buyback will commence today, 7 January 2020, and will end no later than 31 March 2020.
 
Under the terms of the Buyback, ordinary shares will be repurchased on Euronext Dublin. CRH has entered into non-discretionary instructions with Davy to conduct the Buyback on its behalf and to make trading decisions under the Buyback independently of CRH in accordance with certain pre-set parameters.
 
The purpose of the Buyback is to reduce the share capital of CRH and it will be conducted within the limitations of the authority granted at CRH's AGM on 25 April 2019 to repurchase up to 10% of the Company's ordinary shares in issue (being 29,868,957 ordinary shares following the completion of the latest phase of the buyback programme).
 
The Buyback will also be conducted within the parameters prescribed by the Market Abuse Regulation 596/2014, the Commission Delegated Regulation (EU) 2016/1052 and Chapter 12 of the UK Listing Rules. The repurchased ordinary shares will be held in treasury pending their cancellation or re-issue in due course.
 
This announcement relates solely to the Buyback and any decision in relation to any future buyback programmes will be based on an ongoing assessment of the capital needs of the business and general market conditions.
 
****
 
Contact CRH at Dublin 404 1000 (+353 1 404 1000)
 
 
 
Albert Manifold
 
Chief Executive
 
Senan Murphy
 
Finance Director
 
Tom Holmes
 
Head of Investor Relations
 
 
 
 
About CRH
CRH (LSE: CRH, ISE: CRG, NYSE: CRH) is the leading building materials business in the world, employing c.78,000 people at c.3,100 operating locations in 31 countries. It is the largest building materials business in North America, the largest heavyside materials business in Europe and has a number of strategic positions in the emerging economic regions of Asia and South America. CRH manufactures and supplies a range of integrated building materials, products and innovative solutions which can be found throughout the built environment, from major public infrastructure projects to commercial buildings and residential structures. A Fortune 500 company, CRH is a constituent member of the FTSE 100 index, the EURO STOXX 50 index, the ISEQ 20 and the Dow Jones Sustainability Index (DJSI) Europe. CRH's American Depositary Shares are listed on the NYSE.
 
For more information visit www.crh.com.
 
 
Registered Office: No 12965. Registered Office: 42 Fitzwilliam Square, Dublin 2, R02 R279, Ireland
 
 
 
 
 
SIGNATURE
 
 
 
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
CRH public limited company
 
(Registrant)
 
 
Date 07 January 2020
 
 
By:___/s/Neil Colgan___
 
N.Colgan
 
Company Secretary