Ireland's CRH up after robust FY results

CRH

02/03/2023 08:47

** London-listed shares of Irish building materials company
CRH plc  CRH.L  up as much as 10.2% at 4,364p
    ** Stock among top 5 pct gainers on blue-chip FTSE 100
 .FTSE  index
    ** Co reports FY sales up 12% to $32.7 bln, Americas
Materials sales up 15%
    ** Co plans to increase share buyback to $3 bln over the
next 12 months
    ** Says considering US primary listing in 2023, to remain
headquartered in Ireland
    ** Co expects resilient demand and increased pricing in 2023
    ** Board increased divided by 5% to $1.27 for the year    
    ** As of last close, CRH shares are up 32% YTD

 (Reporting by Shreyaa Narayanan)
 ((Shreyaa.Narayanan@thomsonreuters.com))