8-K

CRH PUBLIC LTD CO 8-K Report (Mar 4, 2010)

Filed March 4, 2010For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on March 4, 2010, reporting a transaction involving its own shares. Specifically, on March 3, 2010, the company transferred 8,349 ordinary shares from its treasury to participants in its employee share schemes. These shares were transferred at various prices, denominated in Euros and Sterling. This transaction has resulted in CRH holding 12,323,322 ordinary shares in treasury, with the total number of ordinary shares outstanding (excluding treasury shares) now standing at 698,162,598. This disclosure is important for investors as it clarifies the current share structure and the company's ongoing use of treasury shares, particularly in relation to employee compensation and incentives.

Key Highlights

  • 1CRH plc reported a transaction involving the re-issue of treasury shares on March 3, 2010.
  • 2A total of 8,349 ordinary shares were transferred from treasury to participants in employee share schemes.
  • 3The re-issued shares were transferred at prices of €11.18, €11.9565, and Stg£14.4903 per ordinary share.
  • 4Following the transaction, CRH holds 12,323,322 ordinary shares in treasury.
  • 5The number of ordinary shares in issue, excluding treasury shares, is now 698,162,598.

Frequently Asked Questions

The primary purpose of this 8-K filing (specifically, a Form 6-K in this case) was to report CRH plc's transaction of re-issuing treasury shares to participants in its employee share schemes.

This transaction reduced the number of treasury shares by 8,349 but did not change the total number of outstanding shares. The total number of ordinary shares in issue, excluding treasury shares, remains 698,162,598, as the re-issued shares were previously held in treasury.

Shares held 'in Treasury' are shares that CRH has repurchased from the open market and are not considered outstanding for voting or dividend purposes. These shares can be re-issued for various corporate purposes, such as employee stock options, acquisitions, or other strategic initiatives, as seen in this filing.