Summary
CRH Public Limited Company (CRH) filed an 8-K report on October 28, 2010, disclosing a transaction involving its own shares. The company re-issued 7,486 ordinary shares from treasury to a participant in an employee share scheme at a price of €11.8573 per share. This transaction is part of CRH's ongoing management of its share capital, particularly in relation to employee incentive programs.
Key Highlights
- 1CRH plc re-issued 7,486 ordinary shares on October 28, 2010.
- 2The shares were transferred to a participant in an employee share scheme.
- 3The re-issue price was €11.8573 per ordinary share.
- 4Following this transaction, CRH plc holds 9,747,380 ordinary shares in treasury.
- 5The total number of ordinary shares in issue (excluding treasury shares) is 708,047,131.
Frequently Asked Questions
The transaction involved the re-issue of treasury shares to a participant in an employee share scheme, which is a common practice for companies to fulfill obligations under their incentive plans.
After the re-issue, CRH plc holds 9,747,380 ordinary shares in treasury.
The total number of ordinary shares in issue, excluding those held in treasury, is 708,047,131.
This was a re-issue of shares from the company's treasury stock, meaning existing shares were transferred rather than new shares being created.