8-K

CRH PUBLIC LTD CO 8-K Report (Oct 25, 2012)

Filed October 25, 2012For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K with the SEC on October 25, 2012, reporting a transaction involving its own shares. On October 24, 2012, the company transferred 27,725 Ordinary Shares from treasury to a participant in an employee share scheme. This transaction was executed at a price of €11.8573 per share. Following this transfer, CRH plc's total holdings of Ordinary Shares in treasury now stand at 7,866,928. The number of outstanding Ordinary Shares, excluding those held in treasury, is 722,954,515. This filing provides transparency on the company's share capital management and its engagement with employee incentive programs.

Key Highlights

  • 1CRH plc re-issued 27,725 Ordinary Shares from its treasury stock on October 24, 2012.
  • 2The shares were transferred to a participant in an employee share scheme.
  • 3The transaction price was €11.8573 per Ordinary Share.
  • 4Following the transaction, CRH plc holds 7,866,928 Ordinary Shares in treasury.
  • 5The total number of issued Ordinary Shares, excluding treasury shares, is 722,954,515.
  • 6The filing is a Form 6-K, indicating it's a report by a foreign private issuer.
  • 7The filing date was October 25, 2012, with the event date being October 23, 2012.

Frequently Asked Questions

This filing (a Form 6-K, which is a report by a foreign private issuer) informs investors about a specific transaction involving CRH's own shares. Specifically, it details the re-issuance of treasury shares to an employee share scheme participant.

CRH transferred 27,725 Ordinary Shares from treasury at a price of €11.8573 per share.

After the transaction, CRH's treasury stock decreased by 27,725 shares, leaving 7,866,928 shares in treasury. The number of outstanding shares (excluding treasury) remains 722,954,515, as treasury shares are not considered outstanding.

Companies typically transfer shares from treasury to employee share schemes as part of their compensation and incentive programs. This allows employees to receive equity in the company, aligning their interests with shareholders and potentially motivating them.