8-K

CRH PUBLIC LTD CO 8-K Report (Dec 2, 2011)

Filed December 2, 2011For Securities:CRH

Summary

CRH plc has filed a Form 6-K to report on a transaction involving its own shares. On November 30, 2011, the company re-issued 11,090 treasury shares to participants in an employee share scheme. These shares were transferred at a price of €11.8573 per share. This transaction is part of CRH's ongoing management of its share capital and employee incentive programs. Following this re-issuance, CRH plc's treasury share balance has adjusted. The company now holds 8,931,079 ordinary shares in treasury. The total number of ordinary shares outstanding, excluding those held in treasury, stands at 718,966,827. Investors should note that this is a standard disclosure related to share repurchases and issuances as part of employee compensation and capital management.

Key Highlights

  • 1CRH plc re-issued 11,090 ordinary shares from treasury on November 30, 2011.
  • 2The shares were transferred to participants of an employee share scheme.
  • 3The transaction price was €11.8573 per ordinary share.
  • 4Following the transaction, CRH plc holds 8,931,079 ordinary shares in treasury.
  • 5The number of outstanding ordinary shares (excluding treasury shares) is 718,966,827.

Frequently Asked Questions

This Form 6-K filing serves to inform the U.S. Securities and Exchange Commission and investors about CRH plc's transaction involving its own shares, specifically the re-issuance of treasury shares to employees under an incentive scheme.

This transaction decreases the number of shares held in treasury by 11,090 and increases the number of shares outstanding by the same amount, as these shares are being transferred to employees. The total number of shares outstanding, excluding treasury shares, is now 718,966,827.

This is a routine transaction related to employee compensation and share-based incentive plans. While it affects the share count, it is generally not considered a significant event that would directly impact the company's overall financial performance or valuation in the short term.

Treasury shares are shares that a company has repurchased from the open market but has not retired. Companies often hold treasury shares to fulfill obligations under employee stock options or share purchase plans, or for future acquisitions.