8-K

CRH PUBLIC LTD CO 8-K Report (Dec 22, 2011)

Filed December 22, 2011For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on December 22, 2011, to report a transaction involving its own shares. Specifically, on December 21, 2011, CRH transferred 662 ordinary shares from its treasury to a participant in an employee share scheme at a price of £14.4903 per share. This transaction represents a minor re-issuance of treasury shares for employee compensation purposes. For investors, this filing primarily serves to update the company's outstanding share count. Following this transaction, CRH's treasury stock balance decreased slightly, and the total number of ordinary shares in issue (excluding treasury shares) was reported as 718,976,493.

Key Highlights

  • 1CRH plc conducted a transaction involving its own shares on December 21, 2011.
  • 2662 ordinary shares were transferred from treasury stock.
  • 3The shares were issued to a participant in an employee share scheme.
  • 4The re-issuance price was £14.4903 per ordinary share.
  • 5Following the transaction, CRH holds 8,921,413 ordinary shares in treasury.
  • 6The total number of ordinary shares in issue (excluding treasury shares) is 718,976,493.

Frequently Asked Questions

The filing reported the re-issuance of 662 ordinary shares from CRH's treasury stock to a participant in an employee share scheme. This is a common practice for companies to fulfill obligations under employee compensation plans.

The transaction slightly reduced the number of shares held in treasury and the total number of shares outstanding. CRH now holds 8,921,413 treasury shares, and the number of shares in issue (excluding treasury shares) stands at 718,976,493.

This is a relatively small transaction primarily related to employee compensation. It is not expected to have a significant impact on CRH's overall financial performance or market capitalization. The price of £14.4903 per share reflects the value at which these shares were moved from treasury to an employee.

As a foreign private issuer incorporated in Ireland, CRH is permitted to use Form 6-K to report material information that it makes public in its home country or otherwise publishes. This transaction, related to treasury shares and share counts, is considered information that should be disclosed to the market.