8-K

CRH PUBLIC LTD CO 8-K Report (Jan 9, 2014)

Filed January 9, 2014For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on January 9, 2014, to report a transaction involving its own shares. Specifically, on January 8, 2014, CRH transferred 5,872 Ordinary Shares from its treasury to participants in an employee share scheme. These shares were transferred at varying prices per share, indicating a potential link to stock options or awards tied to market performance at the time. This filing provides an update on CRH's treasury stock and outstanding shares. Following the transfer, CRH now holds 5,945,232 Ordinary Shares in Treasury. The total number of Ordinary Shares currently in issue, excluding these treasury shares, stands at 733,286,368. Investors should note that this type of transaction is common for employee compensation and typically does not represent a significant change in the company's fundamental business operations or financial position, but rather affects share count and equity structure.

Key Highlights

  • 1CRH plc conducted a transaction involving its own shares on January 8, 2014.
  • 25,872 Ordinary Shares were transferred to participants of an employee share scheme.
  • 3The transfer prices for the shares were €14.79 and €18.3946 per Ordinary Share.
  • 4Following the transfer, CRH holds 5,945,232 Ordinary Shares in Treasury.
  • 5The total number of Ordinary Shares in issue, excluding treasury shares, is 733,286,368.
  • 6The filing is a Form 6-K, indicating it's a report by a foreign private issuer.

Frequently Asked Questions

CRH transferred the shares as part of its employee share scheme, likely to fulfill obligations related to stock options, awards, or other compensation plans for its employees.

No, this transaction involves CRH's own shares (treasury stock) being re-issued for employee compensation. It does not represent the acquisition or disposition of core business assets or operations.

This transaction reduces the number of shares held in treasury, but the total number of shares in issue (excluding treasury shares) remains the same unless shares are newly issued or cancelled. The key figures provided are 733,286,368 shares in issue (excluding treasury) and 5,945,232 shares held in treasury.

The differing prices (€14.79 and €18.3946) likely reflect the market price or exercise price at which different awards or options were granted and are now being settled. This is typical for equity compensation plans that may have different grant dates or vesting schedules.