Summary
CRH Public Limited Company (CRH) filed a Form 6-K on December 28, 2011, reporting a transaction in its own shares that occurred on December 23, 2011. The company re-issued 2,218 ordinary shares from its treasury stock to a participant in an employee share scheme at a price of €11.9565 per share. This transaction had a minor impact on the company's outstanding share count. Following this re-issuance, CRH now holds 8,919,195 ordinary shares in treasury, with 718,978,711 ordinary shares outstanding (excluding treasury shares). This is a standard corporate action related to employee compensation and benefits.
Key Highlights
- 1CRH Public Limited Company (CRH) announced a transaction involving its own shares on December 23, 2011.
- 2The company re-issued 2,218 ordinary shares from its treasury stock.
- 3The shares were transferred to a participant in an employee share scheme.
- 4The re-issuance price was €11.9565 per ordinary share.
- 5Following the transaction, CRH holds 8,919,195 ordinary shares in treasury.
- 6The total number of ordinary shares in issue, excluding treasury shares, is 718,978,711.
Frequently Asked Questions
CRH reported the re-issuance of treasury shares to an employee participating in a share scheme.
A total of 2,218 ordinary shares were re-issued at a price of €11.9565 per share.
The re-issuance slightly reduces the number of shares held in treasury and has a negligible impact on the total number of outstanding shares. After the transaction, CRH holds 8,919,195 treasury shares and 718,978,711 ordinary shares are outstanding (excluding treasury shares).
This is a routine transaction related to employee compensation and benefits and is not considered significantly material to the overall financial health or strategic direction of CRH. The number of shares involved is very small relative to the total shares outstanding.