- CRH shareholders are being asked to vote on a proxy proposal to approve and implement a scheme of arrangement to cancel the company’s 7% preference shares in exchange for cash.
- The 7% Preference Share Scheme Meeting is scheduled for May 21, 2026, when holders will vote on the resolution to approve the scheme.
- Under the scheme terms, each 7% preference share would be cancelled for cash consideration equal to 40 times the annual dividend per share, described as 280% of nominal value per share.
- The board recommends voting FOR the 7% preference share cancellation scheme.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CRH plc published the original content used to generate this news brief on March 27, 2026, and is solely responsible for the information contained therein.
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