8-K

CRH PUBLIC LTD CO 8-K Report (Jan 30, 2012)

Filed January 30, 2012For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K detailing a transaction involving its own shares. On January 25, 2012, the company re-issued 1,664 ordinary shares from its treasury to a participant in an employee share scheme. The price per share for this transaction was €11.8573. This transaction has resulted in a slight reduction in the number of shares held in treasury, which now stands at 8,906,171 shares. The total number of ordinary shares currently in issue, excluding treasury shares, is 718,991,735. This filing is primarily informational, updating the market on CRH's share capital movements related to its employee incentive programs.

Key Highlights

  • 1CRH plc re-issued 1,664 ordinary shares from treasury on January 25, 2012.
  • 2The shares were transferred to a participant in an employee share scheme.
  • 3The re-issue price per share was €11.8573.
  • 4Following the transaction, CRH holds 8,906,171 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue (excluding treasury shares) is 718,991,735.
  • 6The filing is made on Form 6-K, reporting a transaction in own shares.

Frequently Asked Questions

The transaction involved the re-issuance of shares from CRH's treasury to a participant in an employee share scheme. This is a common practice for companies to fulfill obligations under employee long-term incentive plans.

This specific transaction does not change the total number of shares outstanding. It involves moving shares from treasury stock (which are authorized but not outstanding) back into circulation as part of an employee scheme. The total number of shares in issue (excluding treasury shares) remains 718,991,735.

Treasury shares are shares that a company has bought back from the open market or that were never issued. They are held by the company and are not considered outstanding for voting or dividend purposes. CRH uses its treasury shares primarily for employee share schemes.

This is a routine administrative transaction related to CRH's employee share plans. While it updates the company's share capital structure, it is not indicative of a major strategic shift or a significant financial event for the company as a whole.