8-K

CRH PUBLIC LTD CO 8-K Report (Jan 10, 2013)

Filed January 10, 2013For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on January 10, 2013, to report a transaction involving its own shares. Specifically, on January 9, 2013, the company transferred 1,819 ordinary shares from its treasury to participants in an employee share scheme. These shares were transferred at a price of €11.18 per share. This transaction has a minor impact on the company's outstanding share count. Following the transfer, CRH now holds 7,372,887 ordinary shares in treasury, with a total of 726,448,556 ordinary shares remaining in issue, excluding treasury shares. Investors should note this is a routine event related to employee compensation and not indicative of a significant strategic shift or financial event.

Key Highlights

  • 1CRH plc engaged in a transaction involving its own shares on January 9, 2013.
  • 21,819 Ordinary Shares were transferred from treasury to participants in an employee share scheme.
  • 3The transfer price for these shares was €11.18 per Ordinary Share.
  • 4Following the transaction, CRH's treasury share balance is 7,372,887 Ordinary Shares.
  • 5The total number of Ordinary Shares in issue, excluding treasury shares, is now 726,448,556.
  • 6This filing is a Form 6-K, which is a report of foreign private issuers.
  • 7The event is related to CRH's employee share schemes.

Frequently Asked Questions

The primary purpose of this filing (a Form 6-K) was to report a routine transaction where CRH plc re-issued treasury shares to participants in an employee share scheme.

The transfer involves shares already held in treasury, so it does not increase the total number of shares outstanding. It reduces the number of treasury shares and, consequently, the number of shares in issue (excluding treasury shares) is now 726,448,556.

The price of €11.18 per share represents the value at which the shares were transferred to employees under the share scheme. It is a component of the company's employee compensation program and not an indication of a new share offering or a change in the market price of CRH shares at the time of filing.

No, this transaction is a standard administrative event related to the company's employee share schemes. It does not represent a significant strategic move, a financing event, or a change in the company's financial health.