Summary
This 8-K filing from CRH Public Limited Company (CRH), filed on November 6, 2008, discloses routine transactions involving the company's own shares. Specifically, CRH announced the re-issuance of treasury shares to participants in its employee share schemes. This action involved transferring 5,038 ordinary shares at varying prices denominated in Euros and Pounds Sterling.
Key Highlights
- 1CRH plc re-issued 5,038 ordinary shares from its treasury to employees participating in share schemes.
- 2The transaction occurred on November 5, 2008.
- 3The re-issuance prices varied, ranging from €10.63 per share to between £7.18 and £12.38 per share.
- 4Following these transactions, CRH plc's treasury stock balance is 16,532,704 ordinary shares.
- 5The total number of ordinary shares outstanding, excluding treasury shares, is 531,587,732.
Frequently Asked Questions
The primary purpose of this 8-K filing was to report the re-issuance of treasury shares by CRH plc to employees participating in its share schemes.
CRH plc re-issued 5,038 ordinary shares. The prices varied: €10.63 per share in Euros, and between £7.18 and £12.38 per share in Pounds Sterling.
After the transaction, CRH plc holds 16,532,704 ordinary shares in treasury. The total number of ordinary shares in issue, excluding treasury shares, stands at 531,587,732.
No, this transaction is a standard corporate action related to employee compensation and share incentive plans. It involves the re-issuance of existing treasury shares rather than the issuance of new shares, and therefore does not typically signal a significant change in the company's overall financial health or strategic direction.