8-K

CRH PUBLIC LTD CO 8-K Report (Jan 15, 2010)

Filed January 15, 2010For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on January 14, 2010, reporting a transaction involving its own shares. Specifically, on January 13, 2010, the company re-issued treasury shares to participants in its employee share scheme. These shares were transferred at prices ranging from £11.36 to £14.4903 per Ordinary Share. This transaction resulted in CRH holding 12,338,743 Ordinary Shares in treasury, with the total number of outstanding Ordinary Shares (excluding treasury shares) standing at 698,147,177. This filing is primarily informational, detailing the movement of shares related to employee compensation and the resulting impact on the company's treasury stock balance.

Key Highlights

  • 1CRH plc re-issued treasury shares to employees on January 13, 2010.
  • 2The transaction involved the transfer of Ordinary Shares to participants in an employee share scheme.
  • 3Share prices for the re-issued treasury shares ranged from Stg£11.36 to Stg£14.4903.
  • 4Following the transaction, CRH holds 12,338,743 Ordinary Shares in treasury.
  • 5The number of outstanding Ordinary Shares, excluding treasury shares, is 698,147,177.
  • 6The filing is a Form 6-K, reporting information from a foreign private issuer.

Frequently Asked Questions

The primary purpose of this filing was to report CRH plc's re-issuance of treasury shares to participants in its employee share scheme and to update the company's treasury stock and outstanding share counts.

The filing does not explicitly state the exact number of shares re-issued. It only indicates the price range and the resulting balance of treasury shares held by CRH after the transaction.

Treasury shares are shares that a company has repurchased from the open market but has not yet retired. When re-issued, as in this case, they can be used for employee stock options, acquisitions, or other corporate purposes. The number of treasury shares affects the total outstanding share count used in per-share calculations like Earnings Per Share (EPS).

No, this transaction involved the re-issuance of shares that CRH already held in its treasury. It was not a purchase or sale of shares on the open market but rather a transfer from the company's treasury to employees under a share scheme.