8-K

CRH PUBLIC LTD CO 8-K Report (Jul 30, 2010)

Filed July 30, 2010For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K report on July 29, 2010, detailing a transaction involving its own shares. Specifically, the company re-issued treasury shares to participants in its employee share schemes. This transaction involved 15,660 Ordinary Shares, transferred at various Euro and Pound Sterling prices on July 28, 2010. For investors, this filing provides insight into CRH's use of treasury shares for employee compensation and equity incentives. The re-issuance is a standard practice for companies to manage their share capital and reward employees. Following this transaction, CRH's treasury stock balance was adjusted, with the number of outstanding shares (excluding treasury shares) remaining significant. Investors may note the specific prices at which these shares were transferred as an indicator of the company's share valuation at that time.

Key Highlights

  • 1CRH plc re-issued 15,660 Ordinary Shares from its treasury stock on July 28, 2010.
  • 2These shares were transferred to participants in CRH's employee share schemes.
  • 3The re-issuance occurred at varying prices: €11.8573, €15.0674, and £16.7806 per Ordinary Share.
  • 4Following the transaction, CRH holds 9,777,368 Ordinary Shares in Treasury.
  • 5The number of Ordinary Shares in issue, excluding treasury shares, stands at 708,017,143.

Frequently Asked Questions

The primary purpose of this filing was to report the re-issuance of treasury shares by CRH plc to participants in its employee share schemes.

CRH re-issued 15,660 Ordinary Shares. These were transferred at prices of €11.8573 and €15.0674 per Ordinary Share, and at a price of £16.7806 per Ordinary Share.

After the re-issuance, CRH plc holds 9,777,368 Ordinary Shares in Treasury. The total number of Ordinary Shares in issue, excluding those held in treasury, is 708,017,143.

This transaction represents a use of existing shares from the company's treasury stock. Treasury shares are those that the company has previously repurchased. They are being re-issued for employee compensation, not as newly created shares.