8-K

CRH PUBLIC LTD CO 8-K Report (Mar 11, 2010)

Filed March 11, 2010For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on March 11, 2010, reporting a transaction involving its own shares. The company re-issued 125,276 ordinary shares from its treasury to participants in its employee share schemes. These shares were transferred at prices ranging from €11.18 to €18.3946 and £9.9137 to £11.163 per share, reflecting market values at the time. This transaction reduced the number of treasury shares held by CRH, impacting its overall share count and potentially signaling ongoing engagement with its employee incentive programs.

Key Highlights

  • 1CRH re-issued 125,276 ordinary shares from treasury on March 10, 2010.
  • 2The shares were transferred to participants in CRH's employee share schemes.
  • 3Transaction prices varied, ranging from €11.18 to €18.3946 and £9.9137 to £11.163 per share.
  • 4Following the transaction, CRH holds 12,152,804 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue (excluding treasury shares) is now 698,333,116.
  • 6The filing is made under Form 6-K, a report of a foreign private issuer.

Frequently Asked Questions

The primary purpose of this Form 6-K filing was to report the re-issuance of CRH's own shares from its treasury stock to employees participating in its share schemes. This is a standard disclosure for significant share transactions.

CRH re-issued treasury shares to employees as part of its employee share schemes. These schemes are typically used to incentivize employees, align their interests with shareholders, and retain talent by offering them equity in the company.

This transaction reduces the number of shares held in treasury and increases the number of shares outstanding (excluding treasury shares). The number of ordinary shares in issue, excluding treasury shares, is now 698,333,116, down from the previous total before this re-issuance.

The varying prices indicate that the shares were likely transferred on different dates or at different times during the specified period, and the prices reflect the market value of CRH's ordinary shares at those specific moments, possibly based on the scheme's terms for calculating exercise or transfer prices.