Summary
CRH Public Limited Company (CRH) filed a Form 6-K with the SEC on March 6, 2009, reporting a transaction in its own shares. Specifically, the company transferred 44,474 ordinary shares from treasury to the Trustees of its employee share participation scheme on March 5, 2009, at a price of €15.16 per share. This transaction is relevant to investors as it affects the number of shares held in treasury and the total number of ordinary shares outstanding, excluding those held in treasury.
Key Highlights
- 1CRH plc transferred 44,474 ordinary shares from treasury on March 5, 2009.
- 2The shares were transferred to the Trustees of its employee share participation scheme.
- 3The transaction price was €15.16 per ordinary share.
- 4Following this transfer, CRH plc now holds 16,150,069 ordinary shares in treasury.
- 5The total number of ordinary shares in issue, excluding treasury shares, is 532,352,309.
Frequently Asked Questions
CRH reported a transaction involving its own shares, specifically the re-issue of treasury shares to its employee share participation scheme.
A total of 44,474 ordinary shares were transferred.
Treasury shares are shares that a company has bought back from the open market but has not yet retired. They do not carry voting rights and do not receive dividends. Changes in treasury share counts can affect metrics like earnings per share (EPS) and indicate management's actions regarding employee compensation or capital management.
After the transfer, CRH plc holds 16,150,069 ordinary shares in treasury, and the number of ordinary shares in issue, excluding treasury shares, stands at 532,352,309.