8-K

CRH PUBLIC LTD CO 8-K Report (Apr 2, 2009)

Filed April 2, 2009For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on April 2, 2009, reporting a transaction involving its own shares. The company announced the re-issue of 104,855 Ordinary shares from its treasury to participants in its employee share schemes. This transaction occurred on April 1, 2009, with the shares re-issued at prices ranging from €11.8573 to €13.2155 per share. Following this re-issue, CRH's treasury share balance decreased to 15,686,730 Ordinary shares. The total number of Ordinary shares in issue, excluding these treasury shares, stands at 684,903,600. This filing provides transparency regarding CRH's share capital management and its engagement with employee incentive programs.

Key Highlights

  • 1CRH plc re-issued 104,855 Ordinary shares from treasury on April 1, 2009.
  • 2The re-issued shares were allocated to participants in employee share schemes.
  • 3Share prices for the re-issued treasury shares ranged from €11.8573 to €13.2155.
  • 4Following the transaction, CRH holds 15,686,730 Ordinary shares in treasury.
  • 5The total number of Ordinary shares in issue, excluding treasury shares, is 684,903,600.
  • 6The filing is made under Form 6-K, a report of foreign issuers.

Frequently Asked Questions

The primary purpose of this Form 6-K filing was to report a transaction involving CRH's own shares, specifically the re-issuance of treasury shares to employees under their share schemes.

The transaction reduces the number of shares held in treasury, but the total number of outstanding shares (excluding treasury stock) remains the same. It represents a reallocation of previously issued shares.

Companies often hold shares in treasury for various purposes, including fulfilling obligations under employee stock option plans, stock purchase plans, or for future acquisitions. In this case, the treasury shares were re-issued to employees.

The price range (€11.8573 to €13.2155) reflects the varying prices at which the treasury shares were re-issued to employees, likely based on the terms of the specific employee share schemes in place at the time.