CRH

Did the company use debt or cash on hand for the repurchase?

Created August 08, 2025 at 08:22 AM

Answer

Based on the information supplied in the news release, there is no explicit statement about how CR H plc financed the share‑repurchase (i.e., whether it used cash on hand, issued debt, or a combination of both).

Why we can’t determine the financing source from the release

Information in the release	What it tells us	What it does not tell us
“CRH plc announces that on 7 August 2025 it acquired the following number of its ordinary shares … in the United States through CRH’s broker BNP Paribas Securities Corp.”	The company bought and redeemed shares, which will be cancelled.	The source of funds for the purchase (cash, debt, or other) is not mentioned.
“Aggregate number of ordinary shares acquired – Daily volume‑weighted average price paid – Daily highest price paid per share – Daily lowest price paid per share”	Provides the size of the buy‑back and the price range, but not the capital‑raising method.	No reference to a financing arrangement, a new debt issuance, a cash‑reserve draw‑down, or a “green‑bond” or any other funding vehicle.
News category “Buybacks” and provider “businesswire”	Indicates the transaction is a share‑repurchase, but the financing details are typically disclosed separately (e.g., in a “Financing” or “Capital structure” section) which is absent here.

Typical ways a company might fund a buy‑back

Cash on hand – using existing treasury balances or short‑term cash generated by operations.
Debt issuance – borrowing (e.g., via a revolving credit facility, term loan, or issuing bonds) specifically to fund the repurchase.
Hybrid approach – a mix of cash and newly‑raised debt.

When a company wants to be transparent about its financing choice, it usually includes a sentence such as “The repurchase was funded from cash on hand” or “The program was financed through a $X billion revolving credit facility.” None of those disclosures appear in the excerpt you provided.

Conclusion

From the provided news release alone, we cannot confirm whether CR H plc used debt, cash on hand, or a combination of both to finance the share redemption.
If you need a definitive answer, you would have to consult additional sources such as:
- CR H plc’s press release in full (often includes a “Financing” paragraph).
- The company’s Form 8‑K or Form 20‑F filed with the SEC (or the UK’s Companies House filing) around the same date, where financing details are required.
- Investor presentations or quarterly earnings call transcripts that may mention “we funded the buy‑back using cash reserves” or “we tapped our revolving credit facility.”

Until those documents are reviewed, the financing method remains undetermined based solely on the excerpt you shared.

Other Questions About This News

How does the size of this buyback compare to CRX's historical buybacks and to its peers? How might this buyback influence analyst recommendations and target prices? How will the buyback be reflected in recent financial statements and guidance? How will the share cancellation affect earnings per share (EPS) and other per-share metrics? Is the buyback part of a broader capital allocation or dividend policy? What are the tax implications for US shareholders and for the company? What was the average price paid per share and how does it compare to the current market price? Will there be any further buyback programs announced in the near future? Will this transaction affect CRH's liquidity or debt covenant ratios? Is there any insider or management participation in the buyback? What percentage of outstanding shares does this buyback represent? What was the daily volume weighted average price (VWAP) used for the buyback? What was the total number of shares repurchased and at what aggregate cost? What were the highest and lowest prices paid during the transaction?