8-K

CRH PUBLIC LTD CO 8-K Report (Mar 28, 2013)

Filed March 28, 2013For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on March 28, 2013, to report a transaction involving its own shares. Specifically, on March 27, 2013, the company re-issued treasury shares to participants in its employee share schemes. This action is a routine part of managing executive compensation and employee incentives. This re-issuance involved 114,127 Ordinary Shares, with prices varying between €11.8573 and €15.0674, and one transaction at £8.1694 per share. Following this re-issuance, CRH's treasury share balance decreased, and the total number of ordinary shares outstanding, excluding those held in treasury, is now 727,234,554. For investors, this filing indicates ongoing share-based compensation plans and provides an update on the company's capital structure.

Key Highlights

  • 1CRH plc re-issued 114,127 Ordinary Shares from its treasury stock.
  • 2The transaction occurred on March 27, 2013.
  • 3The re-issued shares were transferred to participants in CRH's employee share schemes.
  • 4Share prices for the re-issuance ranged from €11.8573 to €15.0674 and also included a price of £8.1694.
  • 5Following the transaction, CRH plc holds 6,586,889 Ordinary Shares in Treasury.
  • 6The number of Ordinary Shares in issue, excluding Treasury Shares, is 727,234,554.

Frequently Asked Questions

This Form 6-K filing reports on CRH plc's re-issuance of treasury shares to participants in its employee share schemes. It is a disclosure required for foreign private issuers under SEC regulations to inform investors about significant corporate events.

A total of 114,127 Ordinary Shares were re-issued. The prices ranged from €11.8573 to €15.0674 per Ordinary Share, with one transaction also noted at £8.1694 per Ordinary Share.

The re-issuance of treasury shares reduces the number of shares held in treasury. After this transaction, CRH plc holds 6,586,889 Ordinary Shares in Treasury. The total number of Ordinary Shares in issue, excluding treasury shares, is 727,234,554.

No, this transaction is not related to a new equity offering or debt issuance. It specifically concerns the re-issuance of shares that CRH previously held in its treasury, likely as part of its ongoing employee stock option or share purchase plans.