8-K

CRH PUBLIC LTD CO 8-K Report (Sep 13, 2012)

Filed September 13, 2012For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on September 13, 2012, to report a transaction involving its own shares. The company announced the re-issuance of treasury shares to participants in its employee share schemes on September 12, 2012. This action involved transferring 20,927 ordinary shares at varying prices in Euros and Pounds Sterling. The primary financial implication for investors is the change in the number of shares held in treasury and the total number of outstanding shares. Following this transaction, CRH now holds 8,271,139 ordinary shares in treasury, and the total number of issued ordinary shares, excluding those in treasury, stands at 722,280,135. This information is crucial for understanding the company's share structure and potential dilution effects.

Key Highlights

  • 1CRH plc re-issued 20,927 ordinary shares from its treasury stock on September 12, 2012.
  • 2These shares were transferred to participants in CRH's employee share schemes.
  • 3The re-issuance occurred at a range of prices: €11.18 and €11.9565 per share in Euros, and £11.36 per share in Pounds Sterling.
  • 4Following the transaction, CRH's treasury share balance is now 8,271,139 ordinary shares.
  • 5The total number of outstanding ordinary shares (excluding treasury shares) is 722,280,135.
  • 6This filing is a Form 6-K, which is a report of foreign private issuers required under SEC regulations.
  • 7The company's principal executive offices are located in Dublin, Ireland.

Frequently Asked Questions

This filing (Form 6-K) was made by CRH plc to report a transaction involving its own shares, specifically the re-issuance of treasury shares to employees under its share schemes.

The re-issuance reduces the number of shares held in treasury and increases the number of outstanding shares (excluding treasury stock). In this case, 20,927 shares were re-issued, reducing treasury shares and increasing the total issued shares to 722,280,135.

Treasury shares are shares that a company has repurchased but not retired. They do not have voting rights and do not receive dividends. When re-issued, they can dilute the ownership percentage of existing shareholders and affect earnings per share calculations. The exact number of treasury shares is important for calculating outstanding shares and potential dilution.

The shares were re-issued at a mix of prices: €11.18 and €11.9565 per ordinary share in Euros, and £11.36 per ordinary share in Pounds Sterling.