8-K

CRH PUBLIC LTD CO 8-K Report (Apr 24, 2009)

Filed April 24, 2009For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) on April 24, 2009, primarily reports on a transaction involving the re-issuance of treasury shares to an employee share scheme participant. Specifically, CRH transferred 38,815 Ordinary Shares at a price of €15.0854 per share. This action is a routine part of managing employee compensation and incentivization programs, often seen in publicly traded companies. Following this transaction, CRH's total treasury shares held are 15,516,761, with the number of outstanding shares (excluding treasury stock) standing at 685,073,569. For investors, this filing indicates no significant new financial developments or strategic shifts, but rather ongoing operational activities related to share-based employee benefits. The information is useful for understanding the company's share structure and its management of equity for its workforce.

Key Highlights

  • 1CRH plc re-issued 38,815 Ordinary Shares from its treasury stock.
  • 2The shares were transferred to a participant in an employee share scheme.
  • 3The transaction price was €15.0854 per Ordinary Share.
  • 4Post-transaction, CRH holds 15,516,761 Ordinary Shares in Treasury.
  • 5The total number of Ordinary Shares in issue (excluding Treasury Shares) is 685,073,569.

Frequently Asked Questions

The primary purpose of this 8-K filing is to disclose CRH plc's transaction of re-issuing treasury shares to an employee share scheme participant, which affects the company's total number of outstanding shares and treasury stock.

This transaction is typically a routine operational activity related to employee compensation and does not usually have a significant direct impact on the company's overall financial health or immediate stock value. It reflects the management of equity for employee incentives.

Treasury shares are shares that a company has repurchased from the open market or are otherwise reacquired. Companies often hold treasury shares for various purposes, including reissuing them for employee stock options, stock purchase plans, or potential future acquisitions.

After the re-issuance of 38,815 shares, CRH plc has 685,073,569 Ordinary Shares in issue, excluding the 15,516,761 Ordinary Shares held in Treasury.