a4629e
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
30 June
2023
Commission
File No. 001-32846
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CRH public limited company
(Translation of registrant's name into English)
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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 leader in building materials solutions, is pleased to
announce that it has completed the latest phase of its share
buyback programme, returning a further $0.7 billion of cash to
shareholders.
Between
31 March 2023 and 29 June 2023, 14.2 million ordinary shares were
repurchased on Euronext Dublin and the London Stock Exchange. This
brings total cash returned to shareholders under our ongoing share
buyback programme to $5 billion since its commencement in May
2018.
CRH
today also announces that it has entered into arrangements with
Societe Generale to repurchase ordinary shares on CRH's behalf for
a maximum consideration of $1 billion* (the "Buyback"). The Buyback
will commence today, 30 June 2023, and will end no later than 22
September 2023. This $1 billion tranche is the second stage of the
wider $3 billion programme announced on 2 March 2023.
Under
the terms of the Buyback, ordinary shares will be repurchased on
the London Stock Exchange and/or Euronext Dublin. CRH has entered
into non-discretionary instructions with Societe General, acting as
principal, to conduct the Buyback on CRH's 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 27 April 2023 to repurchase up to 10% of the
Company's ordinary shares in issue (being 51,609,496 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 Commission Delegated Regulation (EU) 2016/1052 and the Market
Abuse Regulation 596/2014 (including as it forms part of retained
EU law in the United Kingdom ("UK") from time to time, and, where
relevant, pursuant to the UK's European Union (Withdrawal) Act 2018
and the UK's Market Abuse (Amendment) (EU Exit) Regulations 2019)
and Chapter 12 of the UK Financial Conduct Authority's Listing
Rules. The repurchased ordinary shares will be held in treasury
pending their cancellation or re-issue in due course.
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.
* Being
an amount equal to €920 million (based on a FX rate of
$1.00:€0.92 fixed for the duration of the
Buyback).
***
Contact CRH at Dublin 404 1000 (+353 1 404 1000)
Albert
Manifold
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Chief Executive
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Jim
Mintern
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Chief Financial Officer
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Frank
Heisterkamp
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Director of Capital Markets & ESG
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Tom
Holmes
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Head of Investor Relations
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About CRH
CRH (LSE: CRH, ISE: CRG, NYSE: CRH) is the leading
provider of building materials solutions that build, connect and
improve our world. Employing c.75,800 people at c.3,160 locations
in 29 countries, CRH has market leadership positions in both North
America and in Europe. As the essential partner for road and
critical utility infrastructure, commercial building projects and
outdoor living solutions, CRH's unique offering of materials,
products and value-added services helps to deliver a more resilient
and sustainable built environment. 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.
The company is ranked among sector leaders by Environmental, Social
and Governance (ESG) rating agencies. 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.
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CRH public limited company
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(Registrant)
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Date 30
June 2023
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By:___/s/Neil
Colgan___
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N.Colgan
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Company Secretary
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