8-K

CRH PUBLIC LTD CO 8-K Report (Feb 8, 2008)

Filed February 8, 2008For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on February 8, 2008, to report a transaction in its own shares. The company announced that on February 7, 2008, it repurchased 460,000 ordinary shares at prices ranging from EUR23.45 to EUR24.37 per share. These repurchased shares will be held as treasury shares. This share repurchase activity indicates CRH's intention to manage its capital structure and potentially enhance shareholder value. Holding shares in treasury can reduce the number of outstanding shares, which might increase earnings per share (EPS) if net income remains constant or grows. Investors should note the aggregate value of the repurchased shares and the percentage of total shares outstanding this represents, which provides insight into the scale of the buyback program.

Key Highlights

  • 1CRH plc repurchased 460,000 ordinary shares on February 7, 2008.
  • 2The share repurchase occurred at prices between EUR23.45 and EUR24.37 per share.
  • 3The repurchased shares will be held as treasury shares.
  • 4Following the transaction, CRH holds 3,711,616 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue, excluding treasury shares, is 543,515,578.

Frequently Asked Questions

The primary purpose of this filing (Form 6-K) was to inform the Securities and Exchange Commission (SEC) and investors about a recent transaction involving the repurchase of CRH's own shares.

CRH repurchased 460,000 ordinary shares on February 7, 2008, at prices ranging from EUR23.45 to EUR24.37 per share.

The repurchased shares will be held by CRH as treasury shares. This means they are still owned by the company but are not considered outstanding for certain purposes, such as voting or dividend calculations.

Following this transaction, CRH plc holds a total of 3,711,616 ordinary shares in treasury.