Summary
CRH Public Limited Company (CRH) filed a Form 6-K on November 19, 2009, to report a transaction involving its own shares. Specifically, the company re-issued treasury shares to participants in its employee share schemes on November 18, 2009. This action involved transferring 14,716 Ordinary Shares at varying prices denominated in both Euros and Pounds Sterling.
Key Highlights
- 1CRH plc re-issued treasury shares to employees on November 18, 2009.
- 2A total of 14,716 Ordinary Shares were transferred.
- 3Share prices varied, with Euro prices ranging from €11.8573 to €15.0674.
- 4Share prices varied, with Pound Sterling prices ranging from £8.7104 to £14.1386.
- 5Following the transaction, CRH plc holds 13,150,381 Ordinary Shares in Treasury.
- 6The total number of Ordinary Shares in issue (excluding treasury shares) stands at 697,335,539.
Frequently Asked Questions
The primary purpose of this filing was to report a transaction where CRH plc re-issued shares from its treasury to participants in its employee share schemes.
A total of 14,716 Ordinary Shares were transferred to employees under the share schemes.
This transaction reduces the number of treasury shares by 14,716. After the re-issuance, CRH holds 13,150,381 treasury shares, and the number of ordinary shares in issue (excluding treasury shares) is 697,335,539.
As CRH plc is an Irish-domiciled company, it's common for its transactions to be denominated in Euros. The inclusion of Pound Sterling prices suggests either the share schemes have participants in the UK or the pricing mechanism for the shares accounts for currency fluctuations or different jurisdictional schemes.