CRH withdraws scrip dividend offer due to 'market volatility'

Construction materials giant CRH has withdrawn a scrip dividend offer due to "continuing market volatility" which has seen a drop in the value of CRH shares.

CRH announced an interim dividend on August 28 for the year ending December 31 of 20.5c per ordinary share and subsequently a scrip dividend offer at a price of €18.37 per share.