8-K

CRH PUBLIC LTD CO 8-K Report (Feb 9, 2012)

Filed February 9, 2012For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) dated February 9, 2012, announces a transaction involving its own shares. Specifically, CRH re-issued 5,545 ordinary shares from its treasury to a participant in an employee share scheme on February 8, 2012, at a price of €15.0674 per share. This transaction resulted in a slight decrease in the number of treasury shares held by CRH, bringing the total to 8,895,080. The total number of ordinary shares outstanding, excluding treasury shares, remains at 719,001,826. This event is typical for companies utilizing employee share schemes to reward or incentivize their workforce.

Key Highlights

  • 1CRH plc re-issued 5,545 Ordinary Shares from treasury on February 8, 2012.
  • 2The re-issuance was made to a participant in an employee share scheme.
  • 3The price per Ordinary Share for this transaction was €15.0674.
  • 4Following this transaction, CRH plc holds 8,895,080 Ordinary Shares in Treasury.
  • 5The total number of Ordinary Shares in issue, excluding Treasury Shares, is 719,002,826.
  • 6This filing is made on Form 6-K, indicating it is a report of a foreign private issuer.

Frequently Asked Questions

The transaction was a re-issuance of treasury shares to a participant in an employee share scheme. This is a common practice for companies to provide equity-based compensation or incentives to their employees.

This specific transaction involves re-issuing shares already held in treasury. While it reduces the number of treasury shares, the total number of shares in issue (excluding treasury shares) remains the same at 719,002,826. It does not increase the total number of shares outstanding from the perspective of the market.

Holding shares in treasury allows a company to have shares available for various purposes, such as employee stock options, acquisitions, or future share buyback programs, without issuing new shares to the market.

Form 6-K is a report of foreign private issuers that is filed with the SEC. It is used to provide information that the issuer would be required to disclose to its security holders, or that it makes public, pursuant to the laws of its home country, or that it intends to or does make public, pursuant to any regulatory or stock exchange requirement of any foreign country.