8-K

CRH PUBLIC LTD CO 8-K Report (Feb 19, 2013)

Filed February 19, 2013For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on February 19, 2013, reporting a transaction involving its own shares. The company announced the re-issuance of 5,546 ordinary shares from treasury to a participant in an employee share scheme on February 18, 2013, at a price of €15.0854 per share. This transaction is a routine administrative event related to employee compensation and does not represent a material change in the company's overall financial position or strategic direction. Following this re-issuance, CRH's treasury share balance has been updated. The company now holds 7,360,558 ordinary shares in treasury, and the total number of outstanding ordinary shares, excluding treasury shares, stands at 726,460,885. Investors should note that such transactions are common for companies with employee share plans and are typically aimed at managing share capital and aligning employee interests with those of shareholders.

Key Highlights

  • 1CRH plc re-issued 5,546 Ordinary Shares from treasury on February 18, 2013.
  • 2The re-issuance was to a participant in an employee share scheme.
  • 3The transaction price was €15.0854 per Ordinary Share.
  • 4Following the transaction, CRH now holds 7,360,558 Ordinary Shares in Treasury.
  • 5The total number of Ordinary Shares in issue (excluding Treasury Shares) is 726,460,885.
  • 6This filing is a Form 6-K, reporting a foreign private issuer's significant events.
  • 7The filing was made on February 19, 2013.

Frequently Asked Questions

This filing, a Form 6-K, reports on CRH plc's re-issuance of treasury shares to an employee share scheme participant. It is a disclosure of a specific corporate action related to its share capital and employee compensation plans.

The transaction involves re-issuing shares held in treasury, meaning these shares were already issued previously and are now being put back into circulation. This specific transaction slightly reduces the number of shares held in treasury but does not change the total number of issued shares. The number of outstanding shares (excluding treasury shares) remains 726,460,885 after the re-issuance of 5,546 shares.

No, this transaction is administrative in nature and relates to the company's employee share scheme. It does not indicate any significant change in CRH's financial performance, strategic direction, or market position. Such re-issuances are common for companies managing employee equity plans.

Ordinary Shares in Treasury are shares that a company has repurchased from the open market or that were previously issued and have been reacquired by the company. These shares are held by the company itself and are not considered outstanding for voting or dividend purposes until they are re-issued or cancelled. In this case, CRH is re-issuing some of these treasury shares.