Summary
CRH Public Limited Company (CRH) filed a Form 6-K on June 20, 2013, to report on a transaction involving its own shares. Specifically, the company announced the re-issue of treasury shares to participants in an employee share scheme. This action involved the transfer of 5,777 ordinary shares at varying prices, reflecting the ongoing nature of such schemes in managing employee incentives and share capital.
Key Highlights
- 1CRH plc re-issued treasury shares on June 19, 2013.
- 2The shares were transferred to participants in an employee share scheme.
- 3A total of 5,777 ordinary shares were transferred.
- 4The re-issue prices ranged from £13.13 to £14.4903 per share.
- 5Following this transaction, CRH plc holds 6,444,053 ordinary shares in treasury.
- 6The total number of ordinary shares currently in issue, excluding treasury shares, stands at 729,388,555.
Frequently Asked Questions
CRH plc reported the re-issue of treasury shares to participants in an employee share scheme.
A total of 5,777 ordinary shares were re-issued.
Following the re-issue, CRH plc holds 6,444,053 ordinary shares in treasury. The number of ordinary shares in issue (excluding treasury shares) is 729,388,555.
Re-issuing treasury shares is a common practice for companies to fulfill obligations under employee stock options, grants, or other share-based compensation plans. It allows the company to utilize its previously repurchased shares without issuing new ones, thereby managing its share capital and employee incentives.