8-K

CRH PUBLIC LTD CO 8-K Report (Feb 6, 2014)

Filed February 6, 2014For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on February 6, 2014, to report a transaction involving its own shares. The company re-issued 2,000 ordinary shares from its treasury stock to a participant in an employee share scheme on February 5, 2014. The shares were transferred at a price of €16.58 per share. This transaction is routine and reflects CRH's ongoing practice of utilizing treasury shares for employee compensation and incentive programs. Following this re-issuance, CRH now holds 5,923,269 ordinary shares in treasury. The total number of ordinary shares outstanding, excluding these treasury shares, stands at 733,308,331. Investors should note that this filing does not indicate any significant strategic changes or financial performance updates, but rather provides transparency on share capital movements related to employee benefits.

Key Highlights

  • 1CRH re-issued 2,000 ordinary shares from treasury on February 5, 2014.
  • 2The re-issuance was part of an employee share scheme.
  • 3The transaction price was €16.58 per ordinary share.
  • 4CRH's treasury share balance is now 5,923,269 shares.
  • 5The total number of issued ordinary shares (excluding treasury) is 733,308,331.
  • 6This filing is a routine update on share capital and treasury stock activity.

Frequently Asked Questions

This Form 6-K filing reports a transaction where CRH re-issued treasury shares to an employee participating in an employee share scheme. It's a routine disclosure to keep the market informed about changes in the company's share capital.

This specific transaction re-issued shares from CRH's treasury stock. Therefore, it does not change the total number of shares outstanding. The number of issued shares (733,308,331) remains the same, but the number of treasury shares decreases by 2,000.

The price of €16.58 per share represents the value at which CRH transferred the treasury shares to the employee. It's typically determined by the terms of the employee share scheme and may be linked to the market price at a specific point in time. For investors, it's an indication of the cost basis for shares allocated under this particular scheme.

No, this filing is purely administrative and relates to the company's share capital management, specifically the re-issuance of treasury shares for employee compensation. It does not contain information about CRH's financial performance, earnings, or strategic business decisions.