CRH has completed the latest phase of its share buyback program, returning an additional $0.3 billion to shareholders. The company repurchased 3.2 million ordinary shares listed on the New York Stock Exchange between May 6, 2025 and August 5, 2025. This brings the total amount returned to shareholders under the ongoing share buyback program to $9.1 billion since it began in May 2018.
In a new development, CRH announced an agreement with BNP Paribas Securities Corp. (BNPP) to independently conduct another buyback program. Under this arrangement, up to $0.3 billion will be used to repurchase ordinary shares listed on the New York Stock Exchange on behalf of CRH. The new buyback will start on August 7, 2025 and is scheduled to end by November 5, 2025.
The maximum number of ordinary shares that may be acquired through this buyback is set at 65 million. The aim is to reduce CRH’s share capital; all repurchased shares will be cancelled and no purchases will take place outside the United States.
According to CRH, “Any decision in relation to any future buyback program will be based on an ongoing assessment of the capital needs of the business and general market conditions.”
The process for this buyback will follow safe harbor guidelines under both U.S Securities Exchange Act regulations and UK Market Abuse Regulation.
