Summary
CRH plc, a global diversified building materials company, filed a Form 6-K on August 23, 2012, to report on a transaction involving its own shares. The company re-issued treasury shares to participants in its employee share schemes on August 22, 2012. This action represents a typical corporate event related to employee compensation and stock-based incentives, rather than a significant strategic shift or financial event impacting the company's core operations or financial health at that moment.
Key Highlights
- 1CRH plc re-issued 11,495 Ordinary Shares from treasury on August 22, 2012.
- 2These shares were transferred to participants in CRH's employee share schemes.
- 3The re-issue prices ranged from €11.18 to €11.8573 and £11.36 per Ordinary Share.
- 4Following the transaction, CRH plc holds 8,313,183 Ordinary Shares in treasury.
- 5The total number of Ordinary Shares in issue (excluding treasury shares) is 722,238,091.
Frequently Asked Questions
The primary purpose of this Form 6-K filing was to report CRH plc's re-issuance of treasury shares to employees participating in its share schemes.
This transaction is a standard re-issuance of shares for employee compensation and does not represent a significant change in CRH's overall financial position or operational strategy. It affects the number of shares held in treasury and the number of shares outstanding.
Treasury shares are a company's own shares that it has repurchased from the open market but has not yet cancelled or re-issued. Companies hold them for various purposes, including employee stock options, acquisitions, or to return capital to shareholders.
The prices (€11.18, €11.8573, and £11.36) reflect the value at which these shares were transferred to employees, likely tied to the market price or a pre-determined valuation within the employee share scheme at the time of the transaction.