8-K

CRH PUBLIC LTD CO 8-K Report (Mar 19, 2009)

Filed March 19, 2009For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed an 8-K report on March 18, 2009, to provide details regarding its 2008 Final Dividend Scrip Alternative. This filing informs investors of the mechanics and pricing for electing to receive new CRH shares instead of a cash dividend. The scrip dividend allows shareholders to reinvest their dividend entitlement into additional CRH shares, potentially altering their ownership percentage and dividend income stream.

Key Highlights

  • 1CRH announced the pricing for its 2008 Final Dividend Scrip Alternative.
  • 2The price for a New Share under the scrip option is €13.83.
  • 3Shareholders can elect to receive new CRH shares as an alternative to cash for their 2008 final dividend.
  • 4The entitlement ratio for the scrip dividend varies based on dividend withholding tax applicability.
  • 5For shares subject to withholding tax, the entitlement is one new share for every 35.644330 shares held.
  • 6For shares not subject to withholding tax, the entitlement is one new share for every 28.515464 shares held.
  • 7This announcement provides shareholders with the information needed to make an informed decision about the dividend option.

Frequently Asked Questions

The 2008 Final Dividend Scrip Alternative is an option offered to CRH shareholders. Instead of receiving their final dividend for 2008 in cash, shareholders can choose to receive newly issued CRH shares.

The price of a new CRH share under the 2008 Final Dividend Scrip Alternative is €13.83.

The number of new shares you will receive depends on the number of CRH shares you hold and whether dividend withholding tax applies. If withholding tax applies, you will receive one new share for every 35.644330 shares held. If withholding tax does not apply, you will receive one new share for every 28.515464 shares held.

Shareholders might choose the scrip dividend to increase their investment in CRH without incurring brokerage fees typically associated with buying shares on the open market. It also allows them to reinvest their dividend entitlement directly into the company's stock.