Summary
CRH Public Limited Company (CRH) has filed a Form 6-K report on May 15, 2014, disclosing a transaction involving its own shares. On May 14, 2014, the company re-issued 53,748 ordinary shares from its treasury to participants in its employee share schemes. These shares were transferred at prices denominated in both Euros (€18.7463 and €18.8545) and Pounds Sterling (£11.55 and £12.22). This transaction resulted in a reduction of CRH's treasury shares. Following the re-issuance, CRH now holds 4,330,602 ordinary shares in treasury. The total number of outstanding ordinary shares, excluding treasury shares, stands at 738,982,634. This event provides insight into CRH's executive compensation and share-based incentive programs.
Key Highlights
- 1CRH announced the re-issuance of 53,748 ordinary shares from treasury on May 14, 2014.
- 2The shares were transferred to participants in CRH's employee share schemes.
- 3Transaction prices were provided in both Euros (€18.7463, €18.8545) and Pounds Sterling (£11.55, £12.22).
- 4Following the re-issuance, CRH's treasury share balance decreased.
- 5CRH now holds 4,330,602 ordinary shares in treasury.
- 6The total number of ordinary shares outstanding (excluding treasury shares) is 738,982,634.
Frequently Asked Questions
The primary purpose of this filing was to report the re-issuance of CRH's own shares from its treasury stock to employees participating in its share schemes.
CRH re-issued 53,748 ordinary shares from its treasury.
The re-issuance reduces the number of shares held in treasury. The total number of outstanding ordinary shares (excluding treasury shares) remains at 738,982,634, but the amount of treasury stock held by the company is now 4,330,602.
The prices are listed in both currencies likely because CRH operates in various regions and its employee share schemes may have participants in both the Eurozone and the UK, requiring transactions to be settled in local currencies.