1 unchanged sentence
Market Information
−Removed: CRH has a primary listing on the NYSE and a standard listing on the LSE of its Ordinary Shares, each represented by the ticker symbol CRH.
+Added: CRH has a primary listing on the NYSE and an international secondary listing on the LSE of its ordinary shares, each represented by the ticker symbol ‘CRH’.
As of February 13, 2025, there were approximately 15,000 holders of record of our ordinary shares.
−Removed: Irish Taxation of US Holders
+Added: Irish Taxation of U.S.
The following is a general summary of the main Irish tax considerations applicable to the purchase, ownership and disposition of our ordinary shares by U.S.
2 unchanged sentences
Withholding Tax on Dividends:
−Removed: Dividends on our Ordinary Shares would generally be subject to Irish Dividend DWT at the rate of 25%, unless an exemption applies.
+Added: Dividends on our ordinary shares would generally be subject to Irish DWT at the rate of 25%, unless an exemption applies.
Dividends on our ordinary shares that are owned by residents of the United States and held beneficially through the Depositary Trust Company (DTC), will not be subject to DWT provided that the address of the beneficial owner of the ordinary shares in the records of the broker is in the United States.
5 unchanged sentences
Income Tax on Dividends:
−Removed: A shareholder who is neither resident nor ordinarily resident in Ireland and who is entitled to an exemption from DWT generally has no liability for Irish income tax or for the Irish universal social charge on a dividend from us, unless he or she holds his or her ordinary shares through a branch or agency in Ireland which carries out a trade on his or her behalf.
+Added: A shareholder who is neither resident nor ordinarily resident in Ireland and who is entitled to an exemption from DWT generally has no liability for Irish income tax or for the Irish universal social charge on CRH dividends, unless he or she holds his or her ordinary shares through a branch or agency in Ireland which carries out a trade on his or her behalf.
Capital Gains Tax:
15 unchanged sentences
Dividend Policy
−Removed: CRH has paid dividends on its Ordinary Shares in respect of each fiscal year since the formation of the Company in 1970.
+Added: CRH has paid dividends on its ordinary shares each fiscal year since the formation of the Company in 1970.
Dividends are paid to shareholders on the Register of Members on the record date for the dividend.
−Removed: The Board continues to believe that a policy of consistent long-term dividend growth is appropriate for the Company and following the 5% dividend increase in 2022, the total dividend was increased by a further 5% in 2023 to $1.33 per share (2022:
−Removed: An interim dividend of $0.25 (2022:
−Removed: $0.24) per share was paid in November 2023.
−Removed: In addition, in order to facilitate CRH's planned move to a quarterly dividend cadence in 2024 following CRH’s transition of its primary listing to the United States in September 2023, a second interim dividend of $1.08 was paid in January 2024 in place of the usual final dividend recommended by the Board for approval at CRH’s Annual General Meeting (2022:
−Removed: It is proposed to pay a quarterly dividend of $0.35 per share on April 17, 2024, to shareholders registered at the close of business on March 15, 2024.
+Added: The Board continues to believe that a policy of consistent long-term dividend growth is appropriate for the Company.
+Added: In line with this dividend growth strategy, and our strong financial position, the Board approved dividends totaling $1.40 per share in respect of 2024, a 5% increase on the prior year (2023:
+Added: $1.33), broken into quarterly dividends of $0.35 per share being paid on April 17, 2024, June 26, 2024, September 25, 2024, and December 18, 2024, respectively.
+Added: It is proposed to pay a quarterly dividend of $0.37 per share on April 16, 2025 to shareholders registered at the close of business on March 14, 2025 in respect of the first quarter of 2025.
Dividends are paid wholly in cash.
15 unchanged sentences
Performance data for the Company is provided as of the last trading day of each relevant fiscal year.
−Removed: The share price performance graph is not necessarily indicative of future share price performance.
+Added: The share price performance graph is not indicative of future share price performance.
Comparative Total Return ($) 2019 2020 2021 2022 2023 2024
3 unchanged sentences
The performance graph above is being furnished solely to accompany this Annual Report on Form 10-K pursuant to Item 201(e) of Regulation S-K.
−Removed: It is not being filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not to be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
+Added: It is not being filed for purposes of Section 18 of the Exchange Act, and is not to be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
Recent Sales Of Unregistered Securities
5 unchanged sentences
Maximum Number of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs
−Removed: January 1 – January 31, 2023 466,100 $44.24 466,100 47,118,018
−Removed: February 1 – February 28, 2023 1,764,659 $46.94 1,764,659 45,353,359
−Removed: March 1 – March 31, 2023 3,416,191 $49.70 3,410,693 41,942,666
−Removed: April 1 – April 30, 2023 5,066,701 $48.88 4,974,969 45,025,031
−Removed: May 1 – May 31, 2023 5,553,335 $48.68 5,553,335 39,471,696
−Removed: June 1 – June 30, 2023 3,691,162 $51.37 3,691,162 35,780,534
−Removed: July 1 – July 31, 2023 5,845,968 $56.99 5,845,968 45,763,528
−Removed: August 1 – August 31, 2023 7,429,937 $57.79 7,429,937 38,333,591
−Removed: September 1 – September 30, 2023 5,558,235 $55.13 5,558,235 32,775,356
October 1 – October 31, 2024 1,073,950 $91.62 1,073,950 51,818,930
3 unchanged sentences
(i) In May 2018, CRH announced its intention to introduce a share repurchase program to repurchase ordinary shares (the ‘Program’).
−Removed: In 2023, the Company returned a further $3.0 billion of cash to shareholders through the repurchase of 54,900,928 Ordinary Shares (equivalent to 7.47% of the Company’s issued share capital).
+Added: In the fourth quarter of 2024, the Company returned a further $0.3 billion of cash to shareholders through the repurchase of 2,672,603 ordinary shares (equivalent to 0.4% of the Company’s issued share capital).
This brought total cash returned to shareholders under the Program to $8.4 billion since its commencement in May 2018.
−Removed: The purchases in 2023 were completed under the following tranches:
+Added: The purchases in the fourth quarter of 2024 were completed under the following tranches:
Date Announced Max Amount to be Repurchased
−Removed: (in $ millions) Date Expired
−Removed: December 19, 2022 300 March 30, 2023
−Removed: March 31, 2023 750 June 29, 2023
−Removed: June 30, 2023 1,000 September 22, 2023
−Removed: September 25, 2023 1,000 December 20, 2023
−Removed: December 21, 2023 300 February 28, 2024
+Added: (in $ millions) Expiry Date
+Added: August 8, 2024 (Tranche 22) 300 November 6, 2024
+Added: November 7, 2024 (Tranche 23) 300 February 26, 2025
CRH Form 10-K 30
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.