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
21
December 2023
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 Program
Press Release
CRH
Continues Share Buyback Program
CRH
plc, the leading provider of building materials solutions, is
pleased to announce that it has completed the latest phase of its
share buyback program, returning a further $1.0 billion of cash to
shareholders.
Between
25 September 2023 and 20 December 2023, 17.1 million ordinary
shares listed on the New York Stock Exchange and on the London
Stock Exchange were repurchased. This brings total cash returned to
shareholders under our ongoing share buyback program to $7 billion
since its commencement in May 2018.
CRH
today also announces that it has entered into an arrangement with
Citigroup Global Markets Inc. ("Citi") to repurchase ordinary
shares listed on the New York Stock Exchange on CRH's behalf for an
aggregate maximum consideration of $300 million (the "Buyback").
The Buyback will commence today, 21 December 2023, and will end no
later than 28 February 2024. This $300 million tranche is the final
stage of the wider $3 billion program announced on 2 March
2023.
Citi will conduct
the Buyback on CRH's behalf and will make trading decisions under
the Buyback independently of CRH in accordance with certain pre-set
parameters. The maximum number of ordinary shares which may be
acquired pursuant to the Buyback is 18,000,000. The purpose of the
Buyback is to reduce the share capital of CRH.
The
Buyback will be conducted within the parameters prescribed by (i)
Rule 10b5-1 and Rule 10b-18 under the U.S. Securities Exchange Act
of 1934, as amended and (ii) the EU Market Abuse Regulation
(596/2014) and Commission Delegated regulation (EU) 2016/1052 as
such legislation forms part of retained EU law in the United
Kingdom ("UK") (as defined in the EU (Withdrawal) Act 2018) and as
amended pursuant to the UK's Market Abuse (Amendment) (EU Exit)
Regulations 2019 (as may be amended and/or supplemented from time
to time). No repurchases will be made outside of the United States.
The repurchased ordinary shares will be cancelled.
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.
***
Contact CRH at +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
(NYSE: CRH, LSE: 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 operating locations in 29 countries, CRH
has market leadership positions in both North America and 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. The company is ranked among sector
leaders by Environmental, Social and Governance (ESG) rating
agencies. A Fortune 500 company, CRH's shares are listed on the
NYSE and LSE.
Registered Office: No 12965. Registered Office: 42 Fitzwilliam
Square, Dublin 2, R02 R279, Ireland
Forward-Looking Statements
This
document contains statements that are, or may be deemed to be
forward-looking statements within the meaning of the United States
Private Securities Litigation Reform Act of 1995. These
forward-looking statements may generally, but not always, be
identified by the use of words such as "will", "believe",
"continues", "is expected to", or similar expressions. These
forward-looking statements include all matters that are not
historical facts or matters of fact at the date of this document.
Forward-looking statements are subject to risks, uncertainties and
other factors because they relate to events and depend on
circumstances that may or may not occur in the future and/or are
beyond CRH's control or precise estimate. Such risks, uncertainties
and other factors include, but are not limited to, plans and
expectations related to the anticipated financial and operational
results of the US primary listing, expectations related to the US
as a driver for future growth, and plans and expectations related
to government policies. There are important factors, risks and
uncertainties that could cause actual outcomes and results to be
materially different, including risks and uncertainties relating to
CRH described under "Principal Risks and Uncertainties (Risk
Factors)" of the Company's Annual Report and Form 20-F for the year
ended December 31, 2022. You are cautioned not to place undue
reliance on any forward-looking statements. These forward-looking
statements are made as of the date of this document. The Company
expressly disclaims any obligation or undertaking to publicly
update or revise these forward-looking statements other than as
required by applicable law.
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 21
December 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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