8-K

CRH PUBLIC LTD CO 8-K Report (Apr 30, 2009)

Filed April 30, 2009For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on April 30, 2009, to report a transaction involving its own shares. On April 29, 2009, CRH transferred 248,779 Ordinary Shares from its treasury to participants in its employee share schemes. These shares were transferred at prices ranging from €11.9565 to €16.4830 per share. This transaction impacts the company's outstanding share count and treasury share balance. Following this re-issuance, CRH holds 15,267,982 Ordinary Shares in Treasury. The total number of Ordinary Shares in issue, excluding treasury shares, stands at 685,322,348. Investors should note this activity as it affects the total number of shares available to the public and the company's equity structure.

Key Highlights

  • 1CRH plc re-issued 248,779 Ordinary Shares from treasury on April 29, 2009.
  • 2The shares were transferred to participants in CRH's employee share schemes.
  • 3The transfer prices for these shares ranged from €11.9565 to €16.4830 per Ordinary Share.
  • 4Following the transaction, CRH now holds 15,267,982 Ordinary Shares in Treasury.
  • 5The total number of Ordinary Shares in issue, excluding treasury shares, is 685,322,348.

Frequently Asked Questions

The re-issuance was to fulfill obligations under CRH's employee share schemes, transferring shares to participants.

This specific transaction decreased the number of treasury shares and, by re-issuing them, slightly increased the number of shares held by the public. The net effect on the total issued shares (including treasury) is minimal in this instance, but the number of shares available to the public (excluding treasury) is now 685,322,348.

Treasury shares are shares that a company has bought back from the open market but has not yet retired. They can be re-issued for various purposes, such as employee stock options, acquisitions, or other corporate actions. Holding treasury shares does not grant voting rights and does not receive dividends.

Based on the reported price range, the total value of the shares transferred would be between approximately €2,975,186 (248,779 shares * €11.9565) and €4,105,571 (248,779 shares * €16.4830).