Summary
CRH Public Limited Company (CRH) has reported a transaction involving its own shares, specifically the re-issue of treasury shares. On January 11, 2012, CRH transferred 270 Ordinary Shares from its treasury to a participant in an employee share scheme at a price of €11.18 per share. This transaction is a standard practice for companies managing their share capital and employee compensation plans. The report details the impact on CRH's treasury stock and total shares outstanding.
Key Highlights
- 1CRH plc re-issued 270 Ordinary Shares from treasury on January 11, 2012.
- 2The shares were transferred to a participant in an employee share scheme.
- 3The transaction price was €11.18 per Ordinary Share.
- 4Following this re-issue, CRH now holds 8,910,053 Ordinary Shares in Treasury.
- 5The total number of Ordinary Shares in issue, excluding treasury shares, stands at 718,987,853.
Frequently Asked Questions
This Form 6-K filing reports on a transaction where CRH Public Limited Company re-issued treasury shares to an employee share scheme participant, updating the market on its share capital.
This specific transaction involved re-issuing shares that were already held in treasury. Therefore, it does not change the total number of shares outstanding in the market, only the composition of shares held in treasury versus those in circulation.
Treasury shares are shares that a company has repurchased from the open market or that were previously issued and subsequently reacquired. Re-issuing them from treasury is a common way for companies to fulfill obligations under employee stock options, grants, or share purchase plans without issuing new shares.
The 270 Ordinary Shares were re-issued at a price of €11.18 per share.