8-K

CRH PUBLIC LTD CO 8-K Report (Apr 23, 2009)

Filed April 23, 2009For Securities:CRH

Summary

CRH plc, a global diversified building materials group, filed a Form 6-K with the SEC on April 23, 2009, to report a transaction involving its own shares. Specifically, the company re-issued treasury shares to participants in its employee share schemes. This action reduced the number of shares held in treasury and increased the number of shares outstanding, albeit for a relatively small portion of the total shares. This filing is important for investors to understand the company's share count and its use of treasury stock. The re-issuance of shares to employees suggests a continued commitment to incentivizing its workforce. Investors should note the specific prices at which these shares were transferred, providing insight into the company's valuation during that period. The report also updates the total number of treasury shares held by CRH.

Key Highlights

  • 1CRH plc re-issued 47,641 Ordinary Shares from its treasury to participants in employee share schemes on April 22, 2009.
  • 2The share transfers occurred at prices ranging from €11.8573 to €15.5646 and £8.7104 to £14.1386 per Ordinary Share.
  • 3Following these transactions, CRH plc now holds 15,555,576 Ordinary Shares in Treasury.
  • 4The total number of Ordinary Shares in issue, excluding treasury shares, stands at 685,034,754.
  • 5This transaction is reported under a Form 6-K, indicating a report of a foreign issuer.
  • 6The filing was made on April 23, 2009, concerning events on April 22, 2009.

Frequently Asked Questions

The primary purpose of this filing (Form 6-K) is to report CRH plc's re-issuance of treasury shares to its employees under their share schemes and to update the company's share count.

CRH re-issued 47,641 Ordinary Shares from its treasury to participants in its employee share schemes.

This re-issuance slightly reduces the company's treasury stock and increases the number of outstanding shares. It also confirms the company's continued use of equity to incentivize employees. Investors can use the reported prices for the transferred shares as a reference point for the company's valuation at that time.

After the re-issuance, CRH plc holds 15,555,576 Ordinary Shares in Treasury.