8-K

CRH PUBLIC LTD CO 8-K Report (Mar 20, 2012)

Filed March 20, 2012For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on March 19, 2012, reporting a transaction involving its own shares. The company announced on March 15, 2012, that on March 14, 2012, it re-issued treasury shares to participants in its employee share schemes. This transaction involved a total of 28,332 ordinary shares transferred at specified Euro and Pound Sterling prices. This re-issuance of shares impacts CRH's treasury stock balance and the total number of outstanding shares. Following these transactions, CRH holds 8,521,847 ordinary shares in treasury, and the number of ordinary shares in issue, excluding treasury shares, stands at 719,376,059. Investors should note that such transactions are typical for companies with employee stock option plans and are generally aimed at fulfilling obligations under these schemes.

Key Highlights

  • 1CRH plc re-issued 28,332 ordinary shares from its treasury stock.
  • 2The shares were transferred to participants in employee share schemes on March 14, 2012.
  • 3Share prices for the transaction were €11.8573, €11.9565, and £10.8564.
  • 4Following the re-issuance, CRH holds 8,521,847 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue (excluding treasury shares) is now 719,376,059.
  • 6The filing was made on a Form 6-K, indicating it's a report from a foreign private issuer.
  • 7The transaction relates to the company's ongoing management of its equity for employee compensation.

Frequently Asked Questions

The primary event reported is CRH plc's re-issuance of treasury shares to participants in its employee share schemes on March 14, 2012.

A total of 28,332 ordinary shares were re-issued from CRH's treasury stock. The purpose was to fulfill obligations under employee share schemes.

After the transaction, CRH holds 8,521,847 ordinary shares in treasury. The number of ordinary shares in issue, excluding treasury shares, is 719,376,059.

Yes, such transactions are common for publicly traded companies like CRH that operate employee stock option or share purchase plans. They are a standard way to manage equity used for employee compensation and incentives.