8-K

CRH PUBLIC LTD CO 8-K Report (Jul 19, 2012)

Filed July 19, 2012For Securities:CRH

Summary

CRH plc filed a Form 6-K on July 19, 2012, reporting a transaction involving its own shares. Specifically, the company announced on July 18, 2012, that it re-issued 20,945 ordinary shares from its treasury to participants in its employee share schemes. These shares were transferred at prices of €11.18 and £11.36 per share. This re-issuance impacts the company's outstanding share count and treasury stock position. Following this transaction, CRH plc now holds 8,364,628 ordinary shares in treasury, with 722,186,646 ordinary shares remaining in issue excluding treasury shares. This event is primarily an administrative update related to employee compensation and equity programs.

Key Highlights

  • 1CRH plc re-issued 20,945 ordinary shares on July 18, 2012.
  • 2The shares were transferred to participants in the company's employee share schemes.
  • 3The re-issuance prices were €11.18 and £11.36 per ordinary share.
  • 4Following the transaction, CRH plc holds 8,364,628 ordinary shares in treasury.
  • 5The number of ordinary shares in issue (excluding treasury shares) is 722,186,646.
  • 6This filing is made on Form 6-K, indicating it's a report of a foreign private issuer.
  • 7The event date is July 18, 2012, and the filing date is July 19, 2012.

Frequently Asked Questions

The primary purpose of this filing was to report the re-issuance of treasury shares to employees participating in CRH's share schemes, and to update the company's outstanding share count and treasury stock balance.

The total number of ordinary shares in issue, excluding treasury shares, is now 722,186,646. The re-issuance reduces the number of shares held in treasury but does not change the total number of shares outstanding, as these were already issued shares held by the company.

No, these are not newly issued shares. CRH re-issued shares from its 'treasury' stock, meaning shares that the company had previously repurchased or had in its possession.

The different prices likely reflect the currency denomination of the grants or the exchange rate on the day of the transaction for employees in different regions or who received awards denominated in different currencies.