8-K

CRH PUBLIC LTD CO 8-K Report (Aug 22, 2013)

Filed August 22, 2013For Securities:CRH

Summary

This 8-K filing from CRH Public Ltd Co. (CRH) on August 22, 2013, primarily reports on a transaction involving the re-issuance of treasury shares. The company transferred 1,420 ordinary shares to participants in its employee share schemes. This transaction is significant as it adjusts the number of shares held in treasury and the total number of shares outstanding. Following this re-issuance, CRH plc now holds 6,421,856 ordinary shares in treasury, with the number of ordinary shares in issue (excluding treasury shares) standing at 729,410,752. This information is crucial for investors assessing the company's share structure, potential dilution, and the value of their holdings. The price points for the re-issued shares, ranging from €14.79 to between £11.55 and £14.4903, provide insight into the valuation at which these shares were distributed to employees.

Key Highlights

  • 1CRH plc re-issued 1,420 ordinary shares from its treasury to employees participating in share schemes.
  • 2The transaction occurred on August 21, 2013.
  • 3The re-issuance prices varied, with some shares transferred at €14.79 and others at prices between £11.55 and £14.4903.
  • 4Following the transaction, CRH plc holds 6,421,856 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue, excluding treasury shares, is now 729,410,752.
  • 6The filing indicates CRH plc is a foreign private issuer and files annual reports on Form 20-F.

Frequently Asked Questions

The main purpose of this filing was to report on CRH's re-issuance of treasury shares to participants in its employee share schemes, which affects the company's outstanding share count and treasury stock balance.

This transaction involves shares previously held by the company (treasury shares) being re-issued to employees. It does not directly impact the number of shares owned by external investors, but it does change the total number of shares outstanding and the percentage of ownership for existing shareholders.

Shares held 'in treasury' are shares that the company has repurchased from the open market but has not yet retired or re-issued. These shares do not have voting rights and do not receive dividends. They can be re-issued later, as seen in this filing, often for employee stock plans, acquisitions, or other corporate purposes.

Yes, the prices provide insight into the valuation of CRH shares at the time of the transaction. The range of prices, converting between Euros and Pounds Sterling, reflects the market value or a pre-determined valuation for employee share scheme awards.