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
|