Summary
CRH Public Limited Company (CRH) has filed a Form 6-K, reporting on a transaction involving its own shares. On May 21, 2014, the company re-issued 1,555 ordinary shares from its treasury to participants in an employee share scheme. These shares were transferred at prices of €16.58 and €18.7463 per share. This transaction has a minor impact on the company's outstanding shares. Following the re-issuance, CRH now holds 4,329,047 ordinary shares in treasury, and the total number of ordinary shares in issue, excluding treasury shares, stands at 738,984,189. This filing is primarily informational, detailing routine share movements related to employee compensation.
Key Highlights
- 1CRH plc re-issued 1,555 Ordinary Shares from treasury to employees on May 21, 2014.
- 2The shares were transferred at varying prices: €16.58 and €18.7463 per share.
- 3This transaction is part of an employee share scheme.
- 4Following the re-issuance, CRH's treasury share balance is 4,329,047 Ordinary Shares.
- 5The total number of Ordinary Shares in issue (excluding treasury shares) is 738,984,189.
- 6The filing is a Form 6-K, indicating it's a report from a foreign private issuer.
Frequently Asked Questions
The main purpose of this filing is to report on CRH's re-issuance of treasury shares to employees under an employee share scheme. It provides an update on the number of shares held in treasury and the total number of shares outstanding.
CRH re-issued 1,555 Ordinary Shares. The prices varied, with some shares transferred at €16.58 and others at €18.7463 per Ordinary Share.
The impact is minimal. CRH reduced its treasury share balance by 1,555 shares. The total number of Ordinary Shares in issue, excluding treasury shares, remains 738,984,189. The number of shares held in treasury is now 4,329,047.
This is a routine transaction related to employee compensation and share-based incentives. While it involves the movement of shares, it does not represent a significant financial event or change in the company's overall financial position or strategic direction.