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IN BRIEF: CRH launches new $300 million share buyback

ALN

CRH PLC - Dublin-based building materials company - Starts new share buyback worth up to $300 million, starting Thursday and ending by November 5. It will be run by BNP Paribas Securities Corp. This follows a buyback of the same size conducted between May 6 and Monday this week, with 3.2 million shares repurchased for $300 million. The total value of share buybacks since May 2018 is $9.1 billion, CRH says.

Late Wednesday in the US, CRH had said attributable net income increased 1.7% to $1.31 billion in the three months ended June 30, up from $1.30 billion a year earlier. It lifted its dividend for the second quarter by 5.7% to $0.37 per share from $0.35 previously.

Current share price: 7,954.00, up 8.1% on Thursday morning in London

12-month change: up 30%

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