8-K

CRH PUBLIC LTD CO 8-K Report (Nov 1, 2012)

Filed November 1, 2012For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K with the SEC on October 31, 2012, reporting a transaction involving its own shares. The company transferred 2,583 ordinary shares from treasury to participants in its employee share schemes. These shares were transferred at prices of €11.18 and €11.36 per share, reflecting the market value at the time of the transactions. This filing is relevant to investors as it provides transparency into CRH's share capital management and its engagement with employee incentive programs. The re-issuance of treasury shares impacts the total number of outstanding shares and can be a factor in earnings per share calculations. The company continues to hold a significant number of shares in treasury, indicating a strategic approach to share management.

Key Highlights

  • 1CRH plc re-issued 2,583 ordinary shares from its treasury stock to employees participating in share schemes.
  • 2The shares were transferred at prices of €11.18 and €11.36 per share, aligning with market values.
  • 3Following this transaction, CRH plc's treasury share balance reduced to 7,864,345 ordinary shares.
  • 4The total number of ordinary shares in issue, excluding treasury shares, stands at 725,957,098.
  • 5This filing (Form 6-K) confirms CRH operates as a foreign private issuer and files annual reports on Form 20-F.
  • 6The transaction occurred on October 30, 2012, and was reported on October 31, 2012.

Frequently Asked Questions

The primary purpose of this Form 6-K filing is to report a transaction involving CRH plc's own shares, specifically the re-issuance of treasury shares to participants in employee share schemes.

The re-issuance of 2,583 treasury shares slightly reduces the number of shares held in treasury and increases the number of outstanding shares by the same amount. This impacts the total share count used for metrics like earnings per share.

Treasury shares are a company's own shares that it has repurchased from the open market or, in this case, transferred from other holdings. They are not considered outstanding for voting or dividend purposes until they are re-issued.

The prices of €11.18 and €11.36 per share indicate that the shares were transferred at or near the prevailing market price. This is typical for employee share scheme issuances, ensuring fairness and alignment with shareholder value.