Shares in the company have jumped by more than 40% since they began trading in New York last year, giving a market value of just under €50 billion
CRH chairman Richie Boucher, pictured at a previous event, told shareholders the building materials giant was aware of “issues and frustration”. Photograph Nick Bradshaw
Group chairman Richie Boucher said the building materials giant was aware of “issues and frustration” felt by certain shareholders. He said CRH has had “an extremely active engagement” with its US share registrar, Computershare, and that it continues to challenge the firm to resolve issues for affected investors.
“Regrettably, there were a small number of shareholders who had difficulties and problems and, as the chairman said, we’re sorry about that,” he said. “We’ve tried to put in place over the last number of weeks or months support to help those people, both in our corporate office here in Dublin and also with Computershare. We are working through it as best we can to resolve the issues.”
Shares in CRH have jumped by more than 40 per cent since they started trading in New York last September, giving the group a market value of $53.3 billion , even after pulling back from their highs in the past month amid wider concerns about when the US Federal Reserve will start to cut interest rates.
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