8-K

CRH PUBLIC LTD CO 8-K Report (Apr 11, 2013)

Filed April 11, 2013For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on April 11, 2013, reporting a transaction involving its own shares. The company re-issued treasury shares to a participant in an employee share scheme. This transaction involved 5,545 Ordinary Shares transferred at a price of €15.0854 per share, executed on April 10, 2013. This filing provides an update on CRH's share capital structure. Following the re-issuance, the company's treasury stock balance has been adjusted, and the total number of ordinary shares outstanding has been updated. Investors should note this activity as it relates to the company's share count and potential dilution.

Key Highlights

  • 1CRH plc re-issued 5,545 Ordinary Shares from treasury to an employee share scheme participant.
  • 2The transaction occurred on April 10, 2013, with shares transferred at a price of €15.0854 each.
  • 3Following this re-issuance, CRH plc's treasury share balance is now 6,467,344 Ordinary Shares.
  • 4The total number of issued Ordinary Shares, excluding treasury shares, is 727,354,099.
  • 5This filing is a Form 6-K, typical for foreign private issuers reporting current information.
  • 6The event date for this transaction was April 9, 2013, with the filing on April 10, 2013.

Frequently Asked Questions

The primary purpose of this Form 6-K filing is to report a transaction involving the re-issuance of CRH's own treasury shares to a participant in an employee share scheme. It serves to update the market on changes to the company's share capital.

This transaction does not increase the total number of outstanding shares in the market, as CRH is re-issuing shares it already held in treasury. It reduces the number of shares held in treasury and maintains the number of shares in issue (excluding treasury shares).

The price of €15.0854 per Ordinary Share is relevant as it reflects the value at which the shares were transferred from treasury to the employee. This price might be tied to the terms of the employee share scheme or market prices at the time of the transaction.

Treasury Shares are shares that a company has repurchased from the open market or had issued but not yet sold. These shares are held by the company itself and are not considered outstanding for purposes of voting or dividend distribution until they are re-issued or retired.