8-K

CRH PUBLIC LTD CO 8-K Report (Mar 21, 2006)

Filed March 21, 2006For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed an 8-K on March 21, 2006, to announce details regarding its 2005 Final Dividend Scrip Alternative. This program allows shareholders to receive new CRH shares instead of a cash dividend. The filing specifies the price per new share and the ratio of new shares to existing shares held, with variations depending on whether dividend withholding tax applies. For investors, this scrip dividend option provides an opportunity to increase their stake in CRH without immediate cash outlay, potentially benefiting from future share price appreciation. The announcement details the calculation basis, enabling shareholders to make informed decisions about whether to opt for the scrip alternative or receive the cash dividend. The price of a new share is set at EUR28.48.

Key Highlights

  • 1CRH is offering a Scrip Dividend Alternative for its 2005 Final Dividend.
  • 2Shareholders can elect to receive new CRH ordinary shares instead of a cash dividend payment.
  • 3The price for each new share under the scrip alternative is set at EUR28.48.
  • 4The entitlement for new shares varies based on dividend withholding tax: 1 new share for every 128.288288 shares held where tax applies, and 1 new share for every 102.630631 shares held where tax does not apply.
  • 5This provides an opportunity for shareholders to increase their holdings in CRH.
  • 6The filing was made on March 21, 2006.

Frequently Asked Questions

The Scrip Dividend Alternative is a program where CRH shareholders can choose to receive new CRH ordinary shares instead of the cash payment for their final dividend for the year 2005.

The number of new shares you receive depends on whether dividend withholding tax applies to your situation. If tax applies, you will receive one new share for every 128.288288 shares you hold. If tax does not apply, you will receive one new share for every 102.630631 shares you hold.

The price for each new CRH ordinary share offered under the 2005 Final Dividend Scrip Alternative is EUR28.48.

For investors, the scrip alternative offers a way to increase their shareholding in CRH without using personal funds, as the new shares are issued in lieu of the dividend payment. This can be beneficial if the investor believes in the future growth of CRH and wishes to compound their investment.