8-K

CRH PUBLIC LTD CO 8-K Report (Oct 2, 2009)

Filed October 2, 2009For Securities:CRH

Summary

CRH plc announced on October 2, 2009, that it re-issued treasury shares to participants in its employee share schemes. This transaction involved 158,796 ordinary shares transferred at prices ranging from €11.8573 to €18.7463 per share. This action is routine for companies managing employee compensation and stock-based incentives. The filing also provides updated figures on CRH's share capital. Following these re-issuances, the company now holds 13,698,291 ordinary shares in treasury, and the total number of ordinary shares outstanding (excluding treasury shares) stands at 693,480,149. Investors should note this as a standard update on share structure rather than a significant strategic event.

Key Highlights

  • 1CRH plc re-issued 158,796 ordinary shares from treasury on October 1, 2009.
  • 2The re-issuance was part of employee share schemes.
  • 3Share prices for the re-issuance ranged from €11.8573 to €18.7463.
  • 4CRH plc currently holds 13,698,291 ordinary shares in treasury following the transaction.
  • 5The total number of outstanding ordinary shares (excluding treasury shares) is 693,480,149.
  • 6This filing is a Form 6-K, reporting information from a foreign private issuer.

Frequently Asked Questions

This filing, a Form 6-K, is primarily to report the re-issuance of treasury shares to employees participating in CRH's share schemes and to provide an updated figure on the company's issued and treasury share counts.

No, the re-issuance of treasury shares to employees is a standard practice for managing employee compensation and stock incentive plans. It does not typically represent a major strategic shift for the company.

The transaction reduces the number of treasury shares by 158,796 and increases the number of outstanding shares by the same amount. The net effect on the total number of shares in issue (excluding treasury shares) is an increase of 158,796, bringing the total to 693,480,149.

Treasury shares are shares that a company has repurchased from the open market but has not yet retired. They do not have voting rights and do not receive dividends. When re-issued, as in this case, they are put back into circulation.