8-K

CRH PUBLIC LTD CO 8-K Report (May 26, 2011)

Filed May 26, 2011For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K, reporting a transaction involving its own shares. Specifically, on May 25, 2011, the company re-issued 530 ordinary shares from its treasury stock to a participant in an employee share scheme at a price of £11.36 per share. This transaction is minor in scale but signals ongoing activity related to employee compensation and share incentive programs. Investors should note the change in treasury share holdings and the adjusted number of shares outstanding. Following this re-issue, CRH holds 9,038,834 ordinary shares in treasury, and the total number of issued shares, excluding treasury shares, stands at 716,420,218. This information is relevant for understanding the company's share structure and potential dilution from equity awards.

Key Highlights

  • 1CRH plc re-issued 530 ordinary shares from treasury on May 25, 2011.
  • 2The re-issue was part of an employee share scheme.
  • 3The transaction price was £11.36 per ordinary share.
  • 4Following the transaction, CRH holds 9,038,834 ordinary shares in treasury.
  • 5The number of issued ordinary shares, excluding treasury shares, is now 716,420,218.

Frequently Asked Questions

This Form 6-K filing is primarily to report a transaction involving CRH's own shares, specifically the re-issuance of treasury shares for an employee share scheme.

This transaction decreases the number of shares held in treasury by 530, and consequently, increases the number of issued shares (excluding treasury shares) by 530, to 716,420,218. The number of shares outstanding for voting or dividend purposes is not directly impacted by treasury stock movements unless these shares are retired.

The price of £11.36 per share reflects the value at which the company is transferring these shares under its employee share scheme. This can provide insight into the company's valuation as perceived through its compensation programs.

No, this transaction is very small in scale relative to the total number of shares outstanding. It represents a routine administrative action related to employee compensation rather than a significant shift in the company's equity structure.