8-K

CRH PUBLIC LTD CO 8-K Report (Dec 30, 2008)

Filed December 30, 2008For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed an 8-K report on December 30, 2008, detailing a transaction involving its own shares. Specifically, on December 23, 2008, CRH re-issued 8,978 ordinary shares from its treasury to participants in its employee share schemes. These shares were transferred at prices ranging from €13.15 to £15.68, depending on the currency and specific scheme. This transaction resulted in a slight reduction in the number of ordinary shares held in treasury. Following the re-issuance, CRH now holds 16,210,005 ordinary shares in treasury, with 532,292,373 ordinary shares outstanding. Investors should note that this is a relatively small re-issuance of treasury stock for employee compensation, a common corporate practice, and does not represent a significant change in the company's overall share structure or financial position.

Key Highlights

  • 1CRH plc re-issued 8,978 ordinary shares on December 23, 2008.
  • 2The shares were transferred to participants in employee share schemes.
  • 3The transaction involved re-issuing shares from treasury stock.
  • 4Share transfer prices varied between €13.15 and £15.68.
  • 5Following the transaction, CRH holds 16,210,005 ordinary shares in treasury.
  • 6The number of outstanding ordinary shares (excluding treasury) is 532,292,373.

Frequently Asked Questions

The transaction was a re-issuance of treasury shares to participants in CRH's employee share schemes as part of their compensation or benefit.

CRH re-issued 8,978 ordinary shares.

This transaction slightly reduced the number of treasury shares held by CRH. The number of outstanding shares remains largely unchanged, with 532,292,373 ordinary shares now in issue (excluding treasury shares).

Shares held in treasury are shares that the company has repurchased but not yet cancelled. They can be used for various purposes, including employee share schemes, stock options, or future acquisitions. Holding treasury shares does not impact voting rights or dividend entitlements.