8-K

CRH PUBLIC LTD CO 8-K Report (Dec 11, 2008)

Filed December 11, 2008For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on December 11, 2008, detailing a transaction involving its own shares. Specifically, the company re-issued 66,791 ordinary shares from its treasury to participants in its employee share schemes on December 10, 2008. The prices for these shares ranged between €10.63 and €14.6563, and £7.18 and £12.38, reflecting the different currency denominations of the ordinary shares. This transaction resulted in a reduction of CRH's treasury shares. Following the re-issuance, CRH now holds 16,326,580 ordinary shares in treasury. The total number of ordinary shares outstanding, excluding treasury shares, stands at 532,175,798. This filing is important for investors to understand the current share count and the company's engagement with its employee share participation programs.

Key Highlights

  • 1CRH plc re-issued 66,791 ordinary shares on December 10, 2008.
  • 2The shares were transferred to participants in the company's employee share schemes.
  • 3The re-issuance involved shares held in treasury.
  • 4Transaction prices varied by currency: €10.63-€14.6563 for Euro-denominated shares and £7.18-£12.38 for Sterling-denominated shares.
  • 5Following the transaction, CRH holds 16,326,580 ordinary shares in treasury.
  • 6The number of ordinary shares in issue (excluding treasury shares) is 532,175,798.

Frequently Asked Questions

The shares were re-issued to participants in CRH's employee share schemes, which is a common practice for rewarding and retaining employees.

This transaction reduces the number of shares held in treasury but does not change the total number of shares in issue. The number of outstanding shares (excluding treasury shares) remains 532,175,798.

The different price ranges reflect the fact that CRH's ordinary shares are denominated in both Euros (€) and Sterling (£), leading to varying transaction prices based on the currency of the sale.

This is a routine transaction related to employee share schemes and a minor adjustment to the treasury stock balance. It does not represent a significant change in the company's overall share structure or financial position.