Building materials group CRH has announced details of a new share buy-back scheme worth up to €350m.
The new share buy-back scheme begins today and runs until the middle of August.
Last week CRH reported a 7% rise in first-quarter sales, driven by its Europe Materials division where the largest buyer of cement in the world was able to increase prices in all of its markets.
The world's second-biggest building materials supplier by market capitalisation launched its first share buyback programme in a decade last year.
It completed the repurchase of €1 billion of shares by the end of March.
Citing its strong balance sheet and cash generation, it said it planned to buy back a further €350m of shares before it reports its half-year results on August 22.
