8-K

CRH PUBLIC LTD CO 8-K Report (Nov 20, 2008)

Filed November 20, 2008For Securities:CRH

Summary

CRH plc filed a Form 6-K on November 20, 2008, to report on a transaction involving its own shares. The company announced the re-issuance of treasury shares to participants in its employee share schemes on November 19, 2008. This action resulted in a specific number of ordinary shares being transferred at varying prices denominated in both Euros and Pounds Sterling. Following this re-issuance, CRH plc's total holding of ordinary shares in treasury has been updated. The filing also provides the current number of ordinary shares in issue, excluding those held in treasury. This disclosure is primarily administrative, informing stakeholders about the movement of shares related to employee incentives and the company's share capital structure.

Key Highlights

  • 1CRH plc re-issued 23,848 ordinary shares from treasury on November 19, 2008.
  • 2These shares were transferred to participants in CRH's employee share schemes.
  • 3The re-issuance occurred at prices ranging from €10.63 to €14.6563 and £7.18 to £12.38 per ordinary share.
  • 4Following the transaction, CRH plc holds 16,470,128 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue, excluding treasury shares, is 531,650,308.

Frequently Asked Questions

This Form 6-K filing was made to report on a transaction where CRH plc re-issued treasury shares to employees participating in its share schemes. It's an informational disclosure regarding changes in the company's share capital.

CRH plc re-issued a total of 23,848 ordinary shares.

The re-issuance of treasury shares does not change the total number of shares outstanding from the perspective of the market. It represents a movement of shares already issued and held by the company (in treasury) back into circulation for employee benefit. The number of shares in issue, excluding treasury shares, is 531,650,308.

The shares were likely issued at different prices due to the terms of the various employee share schemes, which may include different vesting schedules, exercise prices for options, or performance-based criteria, leading to a range of prices in both Euros and Pounds Sterling.