8-K

CRH PUBLIC LTD CO 8-K Report (Sep 12, 2007)

Filed September 12, 2007For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed an 8-K report on September 11, 2007, to announce details regarding its 2007 Interim Dividend Scrip Alternative. This filing provides investors with the specific share price for new shares issued under this alternative dividend option. The scrip alternative allows shareholders to elect to receive new CRH shares instead of a cash dividend, offering a potential way to increase their stake in the company. The report details the pricing of these new shares at EUR 31.01. It also specifies the share ratios for the scrip alternative, differentiating based on whether dividend withholding tax applies to the shareholder. This information is crucial for investors deciding whether to opt for the scrip dividend, as it impacts the number of new shares they would receive and the effective value of their dividend payout. The filing confirms CRH's commitment to providing shareholders with flexible dividend options.

Key Highlights

  • 1CRH announced the price of a New Share for its 2007 Interim Dividend Scrip Alternative at EUR 31.01.
  • 2The scrip alternative allows shareholders to receive new CRH shares instead of cash for their interim dividend.
  • 3The entitlement ratio for new shares differs based on the applicability of dividend withholding tax.
  • 4Shareholders where withholding tax applies will receive one New Share for every 193.8125 shares held.
  • 5Shareholders where withholding tax does not apply will receive one New Share for every 155.05 shares held.
  • 6The filing was made on September 11, 2007, relating to the event date of September 10, 2007.

Frequently Asked Questions

The 2007 Interim Dividend Scrip Alternative is an option for CRH shareholders to elect to receive new shares of CRH stock instead of a cash payment for their interim dividend.

The price for a new share issued under the 2007 Interim Dividend Scrip Alternative is EUR 31.01.

The number of new shares you receive depends on whether dividend withholding tax applies to you. If it applies, you get one new share for every 193.8125 shares held. If it does not apply, you get one new share for every 155.05 shares held.

Shareholders might choose the scrip alternative to increase their ownership stake in CRH without having to purchase additional shares in the open market. It can also be a tax-efficient way to reinvest dividends, depending on individual tax circumstances and the company's dividend policy.