8-K

CRH PUBLIC LTD CO 8-K Report (Sep 7, 2010)

Filed September 7, 2010For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed an 8-K report on September 7, 2010, detailing the terms of its 2010 Interim Dividend Scrip Alternative. This filing is important for shareholders as it outlines an option to receive new shares instead of a cash dividend. The company has set the price for these new shares and provided the specific share entitlement ratios based on whether dividend withholding tax applies to the shareholder. This scrip dividend alternative offers flexibility to investors, allowing them to increase their stake in CRH without immediate cash outlay or transaction costs associated with purchasing shares on the open market. The details provided are crucial for shareholders to make informed decisions regarding their dividend payout preference, weighing the benefits of additional share ownership against receiving cash.

Key Highlights

  • 1CRH plc announced the price for its 2010 Interim Dividend Scrip Alternative.
  • 2The price per New Share has been set at €12.76.
  • 3Shareholders can opt to receive new shares instead of a cash dividend.
  • 4The entitlement ratio for new shares differs based on dividend withholding tax application.
  • 5For shareholders where dividend withholding tax applies, the entitlement is one New Share for every 86.216216 shares held.
  • 6For shareholders where dividend withholding tax does not apply, the entitlement is one New Share for every 68.972973 shares held.
  • 7This filing provides an option for shareholders to reinvest their dividends into additional CRH shares.

Frequently Asked Questions

The 2010 Interim Dividend Scrip Alternative is a program offered by CRH plc that allows shareholders to choose to receive new ordinary shares in the company instead of the cash payment for the 2010 interim dividend.

The price at which new shares will be issued under the scrip alternative is €12.76 per share.

The number of new shares you receive depends on whether dividend withholding tax applies to you. If it applies, you will receive one new share for every 86.216216 shares you hold. If it does not apply, you will receive one new share for every 68.972973 shares you hold.

This filing does not specify a deadline for shareholders to make their election. Shareholders should consult their broker or CRH plc directly for details on the election process and any associated timelines.