8-K

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

Filed December 19, 2013For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on December 19, 2013, to report on a transaction involving its own shares. Specifically, on December 18, 2013, CRH re-issued treasury shares to participants in its employee share schemes. This action is part of CRH's ongoing management of its share capital and its commitment to employee incentive programs. Investors should note the details of the re-issued shares, including the number of shares transferred and the prices at which they were transferred. The filing also provides an updated figure for CRH's treasury shares and its total number of ordinary shares in issue, which is crucial for understanding the company's outstanding share count and potential dilution.

Key Highlights

  • 1CRH plc re-issued 12,766 Ordinary Shares from its treasury to employees under share schemes on December 18, 2013.
  • 2The re-issuance involved shares transferred at prices of €15.0674, €15.0854, and £13.13 per Ordinary Share.
  • 3Following this transaction, CRH plc now holds 5,956,649 Ordinary Shares in Treasury.
  • 4The total number of Ordinary Shares in issue, excluding treasury shares, is now 733,274,951.
  • 5The filing is a Form 6-K, typical for foreign private issuers, reporting information not required to be filed on Form 20-F.
  • 6The transaction indicates the company's use of treasury shares for employee compensation and incentive programs.

Frequently Asked Questions

The primary purpose of this filing (Form 6-K) was to report the re-issuance of treasury shares by CRH plc to participants in its employee share schemes on December 18, 2013. It also provides an updated count of treasury shares and total shares outstanding.

A total of 12,766 Ordinary Shares were re-issued. These shares were transferred at prices of €15.0674 and €15.0854 per Ordinary Share (denominated in Euros) and at a price of £13.13 per Ordinary Share (denominated in British Pounds).

Following the re-issuance, CRH plc holds 5,956,649 Ordinary Shares in Treasury. The total number of Ordinary Shares in issue, excluding treasury shares, stands at 733,274,951.

Treasury shares are shares that a company has repurchased but not yet retired. When re-issued, they can affect the number of outstanding shares, potentially impacting earnings per share (EPS) if not accounted for properly. This filing provides clarity on CRH's share count, which is important for calculating metrics like market capitalization and EPS.