8-K

CRH PUBLIC LTD CO 8-K Report (Dec 28, 2012)

Filed December 28, 2012For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K, reporting a transaction involving its own shares. On December 21, 2012, the company re-issued 2,218 ordinary shares from its treasury to a participant in an employee share scheme. The shares were transferred at a price of €11.8573 per share. This transaction has a minor impact on the company's outstanding share count. Following the re-issuance, CRH now holds 7,427,823 ordinary shares in treasury, and the total number of ordinary shares in issue, excluding treasury shares, stands at 726,393,620. This filing provides transparency regarding the company's share capital management and its engagement with employee share incentive programs.

Key Highlights

  • 1CRH plc re-issued 2,218 ordinary shares from treasury on December 21, 2012.
  • 2The shares were transferred to a participant in an employee share scheme.
  • 3The transaction price per ordinary share was €11.8573.
  • 4Following the transaction, CRH holds 7,427,823 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue (excluding treasury shares) is 726,393,620.
  • 6This filing is made on Form 6-K, indicating it's a report from a foreign private issuer.

Frequently Asked Questions

The shares were re-issued from CRH's treasury to a participant in an employee share scheme, indicating the company's use of treasury shares to fulfill obligations under its employee incentive programs.

This transaction reduces the number of treasury shares by 2,218, but it also means those shares are now issued and outstanding. The net effect on the total number of issued shares is minimal, with the number of shares in issue (excluding treasury shares) being reported as 726,393,620 after the transaction.

A Form 6-K is a report of foreign private issuers filed with the U.S. Securities and Exchange Commission (SEC) that is required to be submitted by foreign companies with securities traded on U.S. exchanges. It is typically used to furnish or report information that the issuer has made or is required to make public in its home country.

Treasury shares are shares that a company has repurchased from the open market. They are held by the company and are not considered outstanding for purposes of voting or dividends. Companies often hold treasury shares to re-issue them for employee stock options, acquisitions, or other corporate purposes.