8-K

CRH PUBLIC LTD CO 8-K Report (Aug 20, 2009)

Filed August 20, 2009For Securities:CRH

Summary

CRH plc filed a Form 6-K on August 20, 2009, reporting on a transaction involving its own shares. The company announced that on August 19, 2009, it transferred 62,422 ordinary shares from its treasury to participants in its employee share schemes. These shares were transferred at prices ranging from €13.0295 to €20.8833 and £8.7104 to £14.1386 per ordinary share. This transaction impacts CRH's outstanding share count. Following this re-issuance, CRH plc now holds 14,779,617 ordinary shares in treasury. The total number of ordinary shares currently in issue, excluding these treasury shares, stands at 692,398,823. This filing provides transparency on CRH's share capital management and its engagement with employee incentive programs.

Key Highlights

  • 1CRH plc re-issued 62,422 ordinary shares from treasury on August 19, 2009.
  • 2The shares were transferred to participants in the company's employee share schemes.
  • 3Transaction prices for the ordinary shares ranged from €13.0295 to €20.8833 and £8.7104 to £14.1386.
  • 4Following the transaction, CRH plc's treasury share balance decreased to 14,779,617 ordinary shares.
  • 5The total number of ordinary shares outstanding (excluding treasury shares) is now 692,398,823.

Frequently Asked Questions

The primary purpose of this filing was to report on CRH plc's re-issuance of treasury shares to participants in its employee share schemes, providing transparency on changes to its share capital.

Treasury shares are shares that a company has repurchased from the open market but has not yet retired or cancelled. They do not have voting rights and do not receive dividends. CRH re-issued these shares as part of its employee incentive programs.

This transaction reduces the number of shares held in treasury and increases the number of outstanding shares that are not held in treasury. The total number of ordinary shares in issue, excluding treasury shares, is now 692,398,823.

The shares were transferred directly from CRH's treasury to participants in its employee share schemes, not sold on the open market.