CRH jumps on plan to return €1bn to investors

By Geoff Percival

CRH shares jumped by over 2% as the building materials company said it planned to return up to €1bn of excess cash to shareholders and recoup another €1.5bn to €2bn from the sale of non-core assets. The Dublin-headquartered group said, subject to shareholder approval at its AGM today, it would carry out the €1bn share buyback programme over the next near.