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
29 August 2018
Commission
File No. 001-32846
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CRH
public limited company
(Translation of registrant's name into English)
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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 Commences Phase 2 of Share
Buyback Programme
Press Release
CRH Commences Phase 2 of Share Buyback Programme
On 25 April 2018, CRH plc announced its intention to repurchase
ordinary shares of up to €1 billion over the next 12
months.
Having completed the first phase of its share buyback programme on
31 July 2018, under which €350 million of cash was returned
to shareholders, CRH today announces that it has entered into
arrangements with UBS A.G., London Branch ("UBS") to repurchase
ordinary shares on CRH's behalf for a maximum consideration of
€350 million (the "Phase 2 Programme").
The Phase 2 Programme will commence today, 29 August 2018, and will
end no later than 19 November 2018.
Under the terms of the Phase 2 Programme, ordinary shares will be
repurchased on the London Stock Exchange and/or Euronext Dublin.
CRH has entered into non-discretionary instructions with UBS to
conduct the Phase 2 Programme on its behalf and to make trading
decisions under the Phase 2 Programme independently of CRH in
accordance with certain pre-set parameters.
The Phase 2 Programme, the purpose of which is to reduce the share
capital of CRH, will be conducted within the limitations of the
authority granted at CRH's AGM on 26 April 2018 to repurchase up to
10% of the Company's ordinary shares in issue (being 72,741,730
ordinary shares following the completion of the first phase of the
buyback programme), the parameters prescribed by the Market Abuse
Regulation 596/2014, the Commission Delegated Regulation (EU)
2016/1052 and Chapter 12 of the UK Listing Rules. The repurchased
ordinary shares will be held in treasury pending their cancellation
or re-issue in due course.
This announcement relates solely to the Phase 2 Programme and any
decision in relation to any future buyback programmes will be based
on an ongoing assessment of the capital needs of the business and
general market conditions.
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Contact CRH at Dublin 404 1000 (+353 1 404 1000)
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Albert Manifold
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Chief Executive
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Senan Murphy
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Finance Director
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Frank Heisterkamp
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Head of Investor Relations
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Registered Office: No 12965. Registered Office: 42 Fitzwilliam
Square, Dublin 2, R02 R279, Ireland
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
29 August 2018
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By:___/s/Neil
Colgan___
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N.Colgan
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Company Secretary
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