Summary
CRH Public Limited Company (CRH) filed a Form 6-K on February 12, 2009, reporting a transaction involving its own shares. Specifically, on February 11, 2009, CRH re-issued 670 ordinary shares from its treasury to participants in an employee share scheme. These shares were transferred at prices of £15.68 and £16.07 per share. This transaction has a minor impact on the total number of shares outstanding but is relevant for understanding the company's treasury stock management and employee compensation plans. Following this re-issuance, CRH plc's total treasury shares stand at 16,194,674. The number of ordinary shares in issue, excluding treasury shares, is now 532,307,704. Investors should note that while this is a standard corporate action related to employee benefit plans, it does not represent a significant strategic or financial event for the company.
Key Highlights
- 1CRH plc re-issued 670 ordinary shares from treasury on February 11, 2009.
- 2The re-issued shares were transferred to participants in an employee share scheme.
- 3The transaction prices per share were £15.68 and £16.07.
- 4Following the transaction, CRH plc holds 16,194,674 ordinary shares in treasury.
- 5The total number of ordinary shares in issue (excluding treasury shares) is 532,307,704.