27.11.2018 08:12:10
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CRH Plc Updates Planned Phase 3 Share Buy Back Programme
(RTTNews) - CRH Plc. (CRH, CRH.L), a building materials group, on Tuesday issued an update to Phase 3 of share buyback programme.
The company on November 20 announced the commencement of a Phase 3 Programme, to repurchase ordinary shares for a maximum consideration of 100 million euros.
Earlier, in April, the company had announced its intention to repurchase ordinary shares of up to 1 billion euros over the next 12 months.
CRH now said it has entered into non-discretionary instructions with Merrill Lynch International to conduct the Phase 3 Programme on its behalf and to make trading decisions under the Phase 3 Programme independently of CRH in accordance with certain pre-set parameters.
The other details of the Phase 3 Programme which were announced on November 20 remain unchanged.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
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