Summary
CRH Public Limited Company (CRH) filed a Form 6-K on March 17, 2010, to report a transaction in its own shares. Specifically, on March 16, 2010, the company re-issued 123,554 treasury shares to participants in its employee share schemes. These shares were transferred at prices ranging from €11.8573 to €16.2381 per Ordinary Share, and at a price of Stg£14.4903 per Ordinary Share. This transaction resulted in CRH holding 12,029,250 Ordinary Shares in Treasury. The total number of Ordinary Shares outstanding, excluding treasury shares, is reported as 698,456,670. This filing provides transparency regarding CRH's share capital management and its engagement with employee incentive programs.
Key Highlights
- 1CRH re-issued 123,554 treasury shares on March 16, 2010.
- 2The shares were transferred to participants in employee share schemes.
- 3Transaction prices for the Ordinary Shares varied between €11.8573 and €16.2381, and also at Stg£14.4903.
- 4Following this re-issuance, CRH holds 12,029,250 Ordinary Shares in Treasury.
- 5The total number of Ordinary Shares in issue, excluding treasury shares, stands at 698,456,670.
Frequently Asked Questions
The primary purpose of this filing was to inform investors about a transaction involving CRH's own shares, specifically the re-issuance of treasury shares to employees participating in share schemes.
CRH re-issued 123,554 Ordinary Shares to participants in its employee share schemes.
After the transaction, CRH holds 12,029,250 Ordinary Shares in Treasury. The total number of Ordinary Shares in issue, excluding treasury shares, is 698,456,670.
The re-issuance of 123,554 shares is a relatively small number compared to the total outstanding shares (698,456,670), so it is unlikely to have a significant immediate impact on the overall share count or market valuation. It primarily reflects the company's ongoing employee incentive programs.