8-K

CRH PUBLIC LTD CO 8-K Report (Apr 2, 2014)

Filed April 2, 2014For Securities:CRH

Summary

CRH plc filed a Form 6-K on April 2, 2014, to report on transactions involving its own shares. The primary event disclosed is the transfer of 24,677 Ordinary Shares from treasury to participants of an employee share scheme on April 1, 2014. These shares were transferred at prices ranging from €15.0674 to €18.7463 per share. This transaction has a minor impact on the total number of outstanding shares, as these were treasury shares being re-issued. Following this re-issue, CRH plc now holds 4,500,819 Ordinary Shares in treasury. The total number of issued Ordinary Shares, excluding those held in treasury, stands at 734,730,781. This filing provides transparency regarding the company's share capital management and its engagement with employee incentive programs.

Key Highlights

  • 1CRH plc re-issued 24,677 Ordinary Shares from its treasury stock.
  • 2The re-issuance occurred on April 1, 2014, under an employee share scheme.
  • 3Share prices for the re-issued shares ranged from €15.0674 to €18.7463.
  • 4Post-transaction, CRH holds 4,500,819 Ordinary Shares in treasury.
  • 5The total number of issued Ordinary Shares (excluding treasury) is 734,730,781.

Frequently Asked Questions

The primary purpose of this filing (which is a Form 6-K, a report for foreign private issuers) is to report a transaction involving CRH's own shares, specifically the re-issuance of treasury shares under an employee share scheme.

This transaction involves re-issuing shares from treasury, meaning they were previously held by the company and not outstanding. Therefore, the net change in the total number of outstanding shares (excluding treasury) is the number of shares re-issued, which is 24,677. The total number of issued shares remains effectively the same, but the number of treasury shares decreases.

Treasury shares are shares that a company has repurchased from the open market but has not yet cancelled or retired. They can be used for various purposes, such as employee stock options, mergers and acquisitions, or to offset dilution from new share issuances. In this case, they are being used for an employee share scheme.

After the re-issuance, CRH plc holds 4,500,819 Ordinary Shares in treasury. The number of Ordinary Shares in issue, excluding treasury shares, is 734,730,781.