Summary
CRH plc filed a Form 6-K on November 29, 2012, to report a transaction involving its own shares. Specifically, on November 28, 2012, the company transferred 11,032 Ordinary Shares from its treasury to participants in its employee share schemes. These shares were transferred at varying prices, including €11.18, €11.8573, and £11.36 per share. This transaction has resulted in CRH plc holding 7,674,604 Ordinary Shares in treasury. The total number of outstanding Ordinary Shares, excluding those held in treasury, is now 726,146,839. This disclosure is important for investors to understand the company's share capital structure and any potential dilution or changes in outstanding shares.
Key Highlights
- 1CRH plc re-issued treasury shares to employees on November 28, 2012.
- 2A total of 11,032 Ordinary Shares were transferred from treasury.
- 3The shares were transferred to participants in the company's employee share schemes.
- 4Transaction prices for the re-issued shares varied, including €11.18, €11.8573, and £11.36 per share.
- 5Following the re-issue, CRH plc holds 7,674,604 Ordinary Shares in treasury.
- 6The number of outstanding Ordinary Shares (excluding treasury shares) is 726,146,839.
Frequently Asked Questions
The primary purpose of this Form 6-K filing is to report CRH plc's re-issuance of treasury shares to participants in its employee share schemes, updating the company's share capital details.
CRH transferred 11,032 Ordinary Shares from its treasury.
The re-issuance of treasury shares to employees reduces the number of shares held in treasury but does not change the total number of outstanding shares in issue (excluding treasury shares), which remains at 726,146,839.
Companies often re-issue treasury shares to fulfill obligations under employee stock option plans, restricted stock units, or other employee benefit programs. It's a way to provide equity-based compensation without issuing new shares from the company's authorized but unissued stock.