Building materials giant CRH is considering another buyback after announcing that it has just completed a previously announced scheme to buy back €1bn of shares. Building materials giant CRH is considering another buyback after announcing that it has just completed a previously announced scheme to buy back €1bn of shares. "Further share buybacks are under active consideration," it added, confirming it will unveil details when it issues a trading update at the end of the month. But some analysts have questioned its core, arguing that CRH's organic growth has ground to a halt. It's an allegation that CRH has defended, pointing to modest organic revenue growth last year, and in preceding years.
Source: Irish Independent April 03, 2019 01:30 UTC