Summary
CRH Public Limited Company (CRH) filed a Form 6-K on September 2, 2010, to report a transaction involving its own shares. Specifically, the company re-issued 1,328 ordinary shares from its treasury to participants in an employee share scheme on September 1, 2010. These shares were transferred at a price of £11.1630 per share. This action reflects CRH's ongoing engagement with its employee incentive programs, which involves the utilization of treasury shares.
Key Highlights
- 1CRH plc re-issued 1,328 ordinary shares from treasury on September 1, 2010.
- 2The re-issued shares were transferred to participants in an employee share scheme.
- 3The transaction price was £11.1630 per ordinary share.
- 4Following the transaction, CRH plc holds 9,756,469 ordinary shares in treasury.
- 5The total number of ordinary shares in issue (excluding treasury shares) is 708,038,042.
Frequently Asked Questions
The primary purpose of this filing (Form 6-K) was to report CRH's transaction of re-issuing treasury shares to its employees.
CRH re-issued 1,328 ordinary shares at a price of £11.1630 per share.
This transaction reduces the number of treasury shares by 1,328, but the number of shares outstanding (excluding treasury shares) remains 708,038,042. The total number of shares held in treasury is now 9,756,469.
No, this is a routine transaction related to employee share schemes and does not represent a significant change in the company's overall capital structure. It involves the re-allocation of existing treasury shares.