Summary
CRH Public Limited Company (CRH) has filed a Form 6-K on September 8, 2009, to announce details regarding its 2009 Interim Dividend. The primary focus of this filing is the "Scrip Alternative" option, which allows shareholders to receive new shares in CRH instead of a cash dividend. This provides investors with an opportunity to increase their stake in the company without immediate cash outlay.
Key Highlights
- 1CRH plc announced the pricing for its 2009 Interim Dividend Scrip Alternative.
- 2The price for a New Share under the Scrip Alternative is set at €17.20.
- 3Shareholders will receive one New Share for every 116.216216 shares held, if dividend withholding tax applies.
- 4For shareholders where dividend withholding tax does not apply, the entitlement is one New Share for every 92.972973 shares held.
- 5This offering allows shareholders to reinvest their dividend into additional CRH shares.
- 6The filing is a Form 6-K, indicating it's a report of a foreign private issuer.
- 7The company Secretary, Neil Colgan, and Finance Director, Glenn Culpepper, are listed in connection with the filing.
Frequently Asked Questions
The 2009 Interim Dividend Scrip Alternative offered by CRH plc allows shareholders to opt for receiving new CRH shares instead of a cash payment for their interim dividend. This effectively reinvests the dividend into additional company stock.
The price for a new share under the 2009 Interim Dividend Scrip Alternative is €17.20.
The number of new shares you receive depends on whether dividend withholding tax applies to your situation. If it applies, you receive one new share for every 116.216216 shares held. If it does not apply, you receive one new share for every 92.972973 shares held.
This announcement details an alternative to a cash dividend. Shareholders can choose to receive new CRH shares rather than a cash payment.