CRH PLC
03 January 2008
N E W S R E L E A S E
3 January 2008
CRH plc ANNOUNCES SHARE REPURCHASE PROGRAMME
CRH plc, the international building materials group, announces that the Board
has decided to introduce a share repurchase programme of up to 5% of the 547
million shares currently in issue. Shares repurchased on CRH's behalf under the
programme will be held as Treasury Shares.
As shares will initially be repurchased during the close period prior to the
announcement of CRH's Preliminary Results for 2007 on Tuesday 4 March 2008, CRH
has entered irrevocable non-discretionary agreements with Davy Stockbrokers and
UBS to purchase shares during this close period which runs from 4 January 2008
up to and including 3 March 2008.
Any purchases will be effected within certain pre-set parameters, and in
accordance with both CRH's general authority to repurchase shares and Chapter 9
of the Irish Listing Rules which require that the maximum price paid be limited
to no more than 105 per cent of the average market value of CRH's shares for the
5 business days immediately preceding the date of purchase. CRH confirms that it
currently has no unpublished price sensitive information.
________________________________________________________________________________
Contact CRH at Dublin 404 1000 (+353 1 404 1000)
Liam O'Mahony Chief Executive
Myles Lee Finance Director
Eimear O'Flynn Head of Investor Relations
Maeve Carton Group Controller
CRH plc, Belgard Castle , Clondalkin, Dublin 22, Ireland TELEPHONE
+353.1.4041000 FAX +353.1.4041007
E-MAIL mail@crh.com WEBSITE www.crh.com Registered Office, 42 Fitzwilliam Square
, Dublin 2, Ireland
This information is provided by RNS
The company news service from the London Stock Exchange
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