8-K

CRH PUBLIC LTD CO 8-K Report (Mar 18, 2011)

Filed March 18, 2011For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) on March 17, 2011, primarily reports on a transaction involving the company's own shares. Specifically, CRH announced the re-issuance of 831 ordinary shares from its treasury stock to a participant in an employee share scheme on March 16, 2011. The shares were transferred at a price of £10.0629 per share. This transaction resulted in a slight adjustment to CRH's treasury stock and issued shares. Following this re-issuance, CRH holds 9,160,448 ordinary shares in treasury. The total number of ordinary shares outstanding, excluding treasury shares, is now 709,348,465. This filing is a routine disclosure for a foreign private issuer and provides transparency on share capital movements related to employee compensation plans.

Key Highlights

  • 1CRH Public Limited Company filed an 8-K (via a Form 6-K) on March 17, 2011.
  • 2The filing reports a transaction in CRH's own shares that occurred on March 16, 2011.
  • 3831 ordinary shares were re-issued from treasury stock.
  • 4The re-issuance was to a participant in an employee share scheme.
  • 5The transfer price for these shares was £10.0629 per ordinary share.
  • 6Following the transaction, CRH holds 9,160,448 ordinary shares in treasury.
  • 7The total number of ordinary shares outstanding (excluding treasury shares) is 709,348,465.

Frequently Asked Questions

The primary purpose of this 8-K filing is to disclose a transaction involving CRH's own shares. Specifically, it reports the re-issuance of treasury shares to an employee share scheme participant.

A total of 831 ordinary shares were re-issued from CRH's treasury stock. These shares were transferred at a price of £10.0629 per ordinary share.

The transaction reduced the number of shares held in treasury by 831, bringing the total to 9,160,448. The number of outstanding ordinary shares (excluding treasury shares) remains largely the same for investors, totaling 709,348,465.

Companies typically hold shares in treasury (treasury stock) for various purposes, including fulfilling obligations under employee stock option plans, stock purchase plans, mergers and acquisitions, or for potential future re-issuance. In this specific case, the shares were re-issued as part of an employee share scheme.