8-K

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

Filed August 9, 2012For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on August 9, 2012, to report a transaction involving its own shares. Specifically, the company announced the re-issuance of treasury shares to participants in its employee share schemes. This action involved the transfer of 6,057 ordinary shares on August 8, 2012, at specified prices in both Euros and Pounds Sterling. This filing provides an update on CRH's treasury stock position and the total number of ordinary shares outstanding. For investors, this information is relevant as it reflects a common corporate action related to employee compensation and a reduction in the number of shares available in the open market, potentially impacting share count and earnings per share calculations. The company confirmed its remaining treasury share balance and the current number of shares in issue.

Key Highlights

  • 1CRH plc re-issued 6,057 ordinary shares from its treasury stock.
  • 2The shares were transferred to participants in employee share schemes.
  • 3Transactions occurred on August 8, 2012.
  • 4The re-issuance prices were €11.18 and £11.36 per ordinary share.
  • 5Following these transactions, CRH holds 8,336,877 ordinary shares in treasury.
  • 6The total number of ordinary shares in issue, excluding treasury shares, is 722,214,397.

Frequently Asked Questions

Re-issuing treasury shares is typically done to fulfill obligations related to employee stock options, share purchase plans, or other employee benefit schemes. For investors, it means that a portion of previously repurchased shares are now being distributed, affecting the total number of shares outstanding.

This specific transaction reduced the number of CRH's treasury shares by 6,057. The filing clarifies that the total number of ordinary shares in issue (excluding treasury shares) is now 722,214,397.

After the re-issuance on August 8, 2012, CRH plc holds 8,336,877 ordinary shares in its treasury.

CRH is a foreign private issuer and uses Form 6-K to report information that it has made or is required to make public pursuant to the laws of its home country (Ireland), filed with or submitted to, or is made public by, its home country exchange (e.g., London Stock Exchange, Euronext Dublin), or distributed or is required to distribute to its security holders. This transaction announcement falls under such reporting requirements.